Can't authentic Livepatch on Mac's Parallels

I just installed the Parallels app for Mac OS. I tried to install the latest Ubuntu which worked successfully. In the process, I created a password for logging into Ubuntu and a password for Ubuntu One. In the set up I came across something called Livepatch, which I tried to complete. However, after logging into the Ubuntu One, I get a window saying Authentication Required...The password you use to log in to your computer no longer matches that of your login keyring. I tried using the password to get into Ubuntu along with the Ubuntu One password, but neither work. Am I missing something here? Thank you for your time.

Edit: So apparently this is an old issue. It seems to be regarding the Ubuntu keyring, which in an older version 18.04 had the default password of 'parallels'. I tried it again in 20.04, and it seems to not be working. I am still not sure about a workaround.

Update: For this issue on Ubuntu 20.04 with Parallels Desktop, the default password of 'parallels' no longer works. Instead, run this command to reset your keyring password:

rm ~/.local/share/keyrings/login.keyring