There are two solutions in order to fix the issue.Solution 1:
Modify Settings.ini file
Change the following two lines of Settings.ini located in C:\ProgramData\JKI\VIPM
Start VIPM when computer starts? = "FALSE"
Start VIPM when LabVIEW starts? = "FALSE"
Solution 2: Configure Proxy Settings
Change Proxy configuration in VIPM to "No Proxy (Direct Connection)" in Options >> Network >> Configure Proxy to access the Internet.