When trying to establish connection with the organization service or discovery service in CRM 2011 you may receive the following exception
Unhandled Exception: System.ServiceModel.Security.MessageSecurityException: An unsecured or incorrectly secured fault was received from the other party. See the inner FaultException for the fault code and detail.
Solution: You need to Delete the device registration folder named LiveDeviceID in your profile folder C:\Users\<username>.
Alternatively you can navigate to “C:\Users\<username>\LiveDeviceID\” and rename the LiveDevice.xml file to LiveDeviceOld.xml.
You'll get this error when your dev. pc and your crm serv timezone or time is different.
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