Time Machine will no longer connect to backup disk
I have been using a Time Capsule as the destination for Time Machine backups successfully for many years. Starting about two months ago, Time Machine would no longer connect to the hard drive in the Time Capsule. Nothing has changed in my setup. The Time Capsule looks completely normal in AirPort Utility. I can ping the TC and TM can see old backups. I get the attached error when TM tries but fails to even start a backup. any hints as to what's going on?
MacBook Pro (M1, 2020)