If your running a Dell PowerEdge server (multiple models) you may receive this error in your Event Viewer in the System Log shortly after you install the server. The problem is actually caused by Dell's OpenManage software - it occurred on our PowerEdge 2650.
The solution is to rename these two files:
(default directory should be c:\program files\dell\...)
We renamed them to *.old and the error went away. See links below regarding Dell's Online Community Forum and Tek Tips.
This error can occur without TapeWare or HP (in my case : using NTbackup on an IBM PC330 server with SLR32 tape drive). This is strictly a problem with Win2k.
To correct this, the solution is similar to the one described in ME284461
for the FRS service. You need to open the group policy editor, go to the service tab : computer Configuration\Windows Settings\Security Settings\System Services\Removable Storage. Add access rights for administrators group and system account. Delete the Security key in the registry : HKLM / System / CurrentControlSet / Services / NtmsSvc / Security). Reboot the server.
If you use Tapeware as your backup software, disable service Removable storage at start up. (for Windows 2000).
See the link to HP if you are using Tapeware.