Managed Metadata Service issue caused by SharePoint Feb 2015 CU

After applying the Feb CU to SharePoint environment, we experienced issues below:

(1) On the My Profile Edit page where all the term set properties are getting the following error:

There was a problem retrieving data for this field. Updating values in this field is disabled temporarily. You can still update values in other fields.

(2) Also, if you’re trying to enter a hashtag when posting a newsfeed, you’ll get

The tagging service is currently unavailable, Please try again later.

To Fix the issues, you have to do the following:

1. Open a Command Prompt window using Farm account and at the command prompt, type:

cd /d %commonprogramfiles%\Microsoft Shared\Web server extensions\15\BIN

2. Fix the permissions on the server by entering the following command:

psconfig -cmd secureresources

3. Restart IIS and make the changes by entering the following command at the command prompt:
iisreset /noforce



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