Application Error window coming with Security Exception after invoking javaws on all OS

 Steps:
 
 - remove ~/.java from your testing machine (make sure it is clean install)
 - install jre160.sh from /net/dig-dug.east/bigtmp/deployment/1.6.0/pit/2005-07-26/solaris-sparc/
 - execute jre1.6.0/javaws/javaws -viewer
 - Error message poping up right away (3 instances, you need to close it 3 time)

java.io.IOException: No such file or directory
    at java.io.UnixFileSystem.createFileExclusively(Native Method)
    at java.io.File.createNewFile(Unknown Source)
    at
com.sun.deploy.security.CredentialManager$CredentialPersistor.openInputStream(Un
known
Source)
    at
com.sun.deploy.security.CredentialManager$CredentialPersistor.getAllPersistedCre
dentials(Unknown
Source)
    at
com.sun.deploy.security.CredentialManager$CredentialPersistor.access$000(Unknown
Source)
    at com.sun.deploy.security.CredentialManager.<init>(Unknown Source)
    at com.sun.deploy.security.CredentialManager.getInstance(Unknown Source)
    at
com.sun.deploy.services.MPlatformService.getCredentialManager(Unknown
Source)
    at com.sun.deploy.security.DeployAuthenticator.<init>(Unknown Source)
    at com.sun.javaws.JAuthenticator.<init>(Unknown Source)
    at com.sun.javaws.JAuthenticator.getInstance(Unknown Source)
    at com.sun.javaws.Main.initializeExecutionEnvironment(Unknown Source)
    at com.sun.javaws.Main.continueInSecureThread(Unknown Source)
    at com.sun.javaws.Main$1.run(Unknown Source)
    at java.lang.Thread.run(Unknown Source)