msdeploy (Remote Agent Service) - Error "The client and server cannot communicate, because they do not possess a common algorithm"

I get the following error when I try to deploy to my remote agent service. Any suggestions how I can resolve this error?

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Start executing msdeploy.exe
-------------------------------------------------------"C:\Program Files\IIS\Microsoft Web Deploy V3\msdeploy.exe" -source:package='C:\mypackage.zip' -dest:auto,computerName="https://myservice:8172/msdeploy.axd",userName="myuser",password="mypassword",includeAcls="False" -verb:sync -disableLink:AppPoolExtension -disableLink:ContentExtension -disableLink:CertificateExtension -setParamFile:"C:\mySetParameters.xml" -whatif -allowUntrusted -setParam:name='IIS Web Application Name',value='My App'
Info: Using ID '929fd21c-14ef-4edf-b565-54b4dea555a9' for connections to the rem
ote server.
Error: Could not complete the request to remote agent URL 'https://myservice:8172/msdeploy.axd'.
Error: The underlying connection was closed: An unexpected error occurred on a receive.
Error: The client and server cannot communicate, because they do not possess a common algorithm
Error count: 1.