iCloud Backup Problem

When I try to toggle on the iCloud switch to backup my iPhone Xs, I repeatedly get an alert that says, "iCloud Backup Failed. There was a problem enabling iCloud Backup." Below that are two choices "Cancel" or "Try Again. If I click on "Try Again" I get the same alert over and over.

I have more than enough storage space which I purchase monthly from Apple. I am connected to a strong WiFi signal. This has only just started happening. My last successful backup was 9/20/20. Could this be an iOS 14 bug?