Application requires PSE with RSA key pair

What causes this issue?

The application requires the use of the Public Key Algorithm
<DS:GLOS.57CD1C53EB6AD411B1360060B03C6BFB>RSA</>. However, the PSE
uses a different Public Key Algorithm.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.