[SOLVED] "Key folder in safepath unaccessible" after 3.0.7 update

[MAD King]

I get this error after updating to 3.0.7. The safepath is there and has always been since installation and so is the Key folder. Both have permission 755.

[MAD King]

Just found the solution in another thread.

http://forum.virtuemart.net/index.php?topic=129246.msg444769#msg444769