CacheException from PersistenceManagerImpl after updating JBoss EAP version or the application

Issue

Errors similar to the following when starting JBoss EAP after a version upgrade

MSC000001: Failed to start service org.wildfly.clustering.infinispan.cache.web.default-host: org.jboss.msc.service.StartException in service org.wildfly.clustering.infinispan.cache.web.default-host: org.infinispan.commons.CacheException: Unable to invoke method public void org.infinispan.persistence.manager.PersistenceManagerImpl.start() on object of type PersistenceManagerImpl

or

ERROR [org.jboss.msc.service.fail] (ServerService Thread Pool -- 83) MSC000001: Failed to start service org.wildfly.clustering.infinispan.cache.web.xxxxx: org.jboss.msc.service.StartException in service org.wildfly.clustering.infinispan.cache.web.xxxxx: org.infinispan.commons.CacheConfigurationException: Error starting component org.infinispan.persistence.manager.PersistenceManager
    at org.wildfly.clustering.service.FunctionalService.start(FunctionalService.java:66) [wildfly-clustering-service-7.4.12.GA-redhat-00003.jar:7.4.12.GA-redhat-00003]
    at org.wildfly.clustering.service.AsyncServiceConfigurator$AsyncService.lambda$start$0(AsyncServiceConfigurator.java:117) [wildfly-clustering-service-7.4.12.GA-redhat-00003.jar:7.4.12.GA-redhat-00003]
    at org.jboss.threads.ContextClassLoaderSavingRunnable.run(ContextClassLoaderSavingRunnable.java:35) [jboss-threads-2.4.0.Final-redhat-00001.jar:2.4.0.Final-redhat-00001]
...
Caused by: org.infinispan.commons.CacheConfigurationException: Error starting component org.infinispan.persistence.manager.PersistenceManager
    at org.infinispan.factories.impl.BasicComponentRegistryImpl.startWrapper(BasicComponentRegistryImpl.java:560)
    at org.infinispan.factories.impl.BasicComponentRegistryImpl.access$700(BasicComponentRegistryImpl.java:30)