java.security.AccessControlException: access denied ("java.net.SocketPermission" "localhost:1099" "listen,resolve")

Question

Facing issue with RMI Registry.

Inititally my code was developed using java 6 or lower version but recently we have upgrade our java to java 8 and came to understand that it has some tighter Security policies.

Due to this my code is throwing a permission errors while establishing the RMI registry connection

I tried giving grant permission to port in java.policy file. Port used 1099 which default RMI Registry port.

Please find below code

package com.aurionpro.reuters;

import com.aurionpro.reuters.service.UpdateCurrencyRates;
import java.io.IOException;
import java.rmi.NotBoundException;
import java.rmi.RemoteException;
import java.rmi.registry.LocateRegistry;
import java.rmi.registry.Registry;
import java.util.Properties;

public final class RMIServiceClient {
   private final String hostname;
   private final int port;
   private final String serviceName;
   private UpdateCurrencyRates currencyRates;
   private Registry registry = null;

   public RMIServiceClient(String appPropFileName, String productName) {
      Properties properties = new Properties();
      ClassLoader loader = Thread.currentThread().getContextClassLoader();

      try {
         properties.load(loader.getResourceAsStream(appPropFileName));
      } catch (IOException var6) {
         var6.printStackTrace();
      }

      this.hostname = properties.getProperty("rmiclient." + productName + ".registry.host");
      this.port = Integer.parseInt(properties.getProperty("rmiclient." + productName + ".registry.port"));
      this.serviceName = properties.getProperty("rmiclient." + productName + ".registry.serviceName");
   }

   public UpdateCurrencyRates getCurrencyRatesService() throws RemoteException, NotBoundException {
      SecurityManager securityManager = new SecurityManager();
      System.setSecurityManager(securityManager);
      this.registry = LocateRegistry.getRegistry(this.hostname, this.port);
      this.currencyRates = (UpdateCurrencyRates)this.registry.lookup(this.serviceName);
      return this.currencyRates;
   }
}