Applet RandomAccessFile named pipe open fails for java 8 where java 7 was OK

FULL PRODUCT VERSION :
32 bit jdk 1.8.0_45 and 1.8.0_60

ADDITIONAL OS VERSION INFORMATION :
Windows 8.1 Enterprise 64 bit running on an Oracle Virtual Box

A DESCRIPTION OF THE PROBLEM :
Created a C++ pipe sample, connecting to a java applet using RandomAccessFile. Works OK when tested using jdk 1.7.0_65, Switch to using jdk 1.8.0_45 or 1.8.0_60 and it fails with 'All pipe instances are busy' or 'The system cannot find the file specified'

REGRESSION. Last worked in version 7u80

ADDITIONAL REGRESSION INFORMATION:
jdk1.8.0_60

STEPS TO FOLLOW TO REPRODUCE THE PROBLEM :
Windows 8.1 Enterprise 64 bit running on an Oracle Virtual Box, Visual Studio 2012 Professional, Eclipse Luna 32 bit, 32 bit java 1.7.0_65 and 32 bit java 1.8.0_45 jdk's installed.

Use Vis Studio to create a new C++ project configuration Win32, create a .cpp file and paste the following:

// PipeSample.cpp : Defines the entry point for the console application.
//
#include "stdafx.h"
#include <iostream>
#include <fstream>
#include <windows.h>
using namespace std;
#define DEFAULTTIMEOUT 120
#define BUFSIZE 512
int main(int argc, const char **argv)
{
    wcout << "Creating an instance of a named pipe..." << endl;
    // Create a pipe to send data
                    HANDLE pipe = CreateNamedPipe( L"\\\\.\\pipe\\UC_MENU_PIPE", // name of the pipe
                                                                                PIPE_ACCESS_DUPLEX,
                                                                                PIPE_TYPE_BYTE | PIPE_READMODE_BYTE | PIPE_WAIT,
                                                                                1, // only allow 1 instance of this pipe
                                                                                BUFSIZE,
                                                                                BUFSIZE,
                                                                                DEFAULTTIMEOUT,
                                                                                &sa // use default security attributes
                                        );
    if (pipe == NULL || pipe == INVALID_HANDLE_VALUE) {
        wcout << "Failed to create outbound pipe instance.";
        system("pause");
        return 1;
    }
    wcout << "Waiting for a client to connect to the pipe..." << endl;
    // This call blocks until a client process connects to the pipe
    BOOL result = ConnectNamedPipe(pipe, NULL);
    if (!result) {
        wcout << "Failed to make connection on named pipe." << endl;
        // look up error code here using GetLastError()
        CloseHandle(pipe); // close the pipe
        system("pause");
        return 1;
    }
    wcout << "Sending data to pipe..." << endl;
    // This call blocks until a client process reads all the data
    const wchar_t *data = L"*** Hello Pipe World ***";
    DWORD numBytesWritten = 0;
    result = WriteFile(
        pipe, // handle to our outbound pipe
        data, // data to send
        wcslen(data) * sizeof(wchar_t), // length of data to send (bytes)
        &numBytesWritten, // will store actual amount of data sent
        NULL // not using overlapped IO
    );
    if (result) {
        wcout << "Number of bytes sent: " << numBytesWritten << endl;
    } else {
        wcout << "Failed to send data." << endl;
                                        int pipe_err = GetLastError();
                                        wcout << "GetLastError(): " << pipe_err << endl;
    }
    // Close the pipe (automatically disconnects client too)
    CloseHandle(pipe);
    wcout << "Done." << endl;
    system("pause");
    return 0;
}

Save and build to ensure no errors.

Create a new workbench in Java, set the Project properties to point Compiler and Build Path to jdk 8.45, add a new class called AppletTester and paste the following:

import java.io.File;
import java.io.RandomAccessFile;
import javax.swing.JApplet;
public final class AppletTester extends JApplet implements ISuperRequestFocus {
                    private static final long serialVersionUID = 1L;
                    {
                    try
                    {
                                        File pipe = new File("\\\\.\\pipe\\UC_MENU_PIPE");
                                        RandomAccessFile rafile = new RandomAccessFile(pipe,"rwd");
                                        rafile.close();
                    }
                    catch(Exception e)
                    {
                                        e.printStackTrace();
                                        System.out.println("exception in run " + e);
                    }
                    }

                    public void superRequestFocus()
                    {
                                        super.requestFocus();
                    }
}
interface ISuperRequestFocus
{
                    public void superRequestFocus(); }

Save and Clean to ensure no problems.

Start the Vis Studio C++ pipe creator.

Start the AppletTester – fails to connect. Terminate the Vis Studio C++ pipe creator.

Change AppletTester Properties Compiler and Build Path to jdk 1.7.0_65, Clean.

Start the Vis Studio C++ pipe creator.

Start the AppletTester – connects OK.


EXPECTED VERSUS ACTUAL BEHAVIOR :
EXPECTED -
Connects without errors to the named pipe
ACTUAL -
Fails to connect to the named pipe

ERROR MESSAGES/STACK TRACES THAT OCCUR :
fails with 'All pipe instances are busy' or 'The system cannot find the file specified'.

REPRODUCIBILITY :
This bug can be reproduced always.

---------- BEGIN SOURCE ----------
As listed above in Steps to Reproduce.
---------- END SOURCE ----------