Locally Stored Properties - Cannot invoke "String.getBytes(String)" because "message" is null

Hi,

Does anybody else experience this error when using the "Locally Stored Properties" feature in ReadyAPI 3.49.0?

Appears in the error log upon refreshing the composite project. I'm assuming the error is related to this feature, but I could be wrong.

Fri Dec 08 10:11:41 CET 2023: ERROR: java.lang.NullPointerException: Cannot invoke "String.getBytes(String)" because "message" is null
   java.lang.NullPointerException: Cannot invoke "String.getBytes(String)" because "message" is null
   	at com.eviware.soapui.settings.DESCipher.encrypt(DESCipher.java:35)
   	at com.eviware.soapui.impl.wsdl.support.UserSpecificProperties.saveCurrentStateToConfig(UserSpecificProperties.java:168)
   	at com.eviware.soapui.impl.WorkspaceImpl.saveWorkspaceConfig(WorkspaceImpl.java:631)
.........

Thanks