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An exception of type System.Security.Cryptography.CryptographicException was thrown. Additional exception information: The data is invalid

Guys, I have an issue while running the SharePoint 2010 configuration Wizard. I'm getting an error while running this wizard. "Failed to create the configuration database." "An exception of type ...
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SharePoint 2010 Configuration Wizard error step 2 of 10 on Windows 7

Following are the error details from the log file The ServerBindings or SecureBindings property was not found for IIS schema IIsWebServer An exception of type System.InvalidOperationException was ...