Hi there!
This morning there was a Defender update, I have installed it an now it works!!!
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Recently my local hosted IIS services is not running after the new update. My visual studio projects also can't be run as well. I have to delete the new update in order to run my projects and local hosted services again. May I know what is the problem?
Hi there!
This morning there was a Defender update, I have installed it an now it works!!!
Had the same issue , i removed KB : 5066835 and KB 5065789 . It was not allowing from UI , so removed Windows Sandbox feature and then opened CMD as administrator and ran
wusa /uninstall /kb:5066835
then
wusa /uninstall /kb:5065789
then restarted and all was working fine . Have Disabled Updated for 2 weeks and hopefully solution will come from Microsoft.
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On my office PC , the below worked like a Charm and no needed to rool back , seems this is the correct way as the WCF was effected :
This is what worked for us:
Repair the WCF Services installation by re-enabling all associated features. This process forces the system to properly reconfigure the affected components without requiring a full rollback of the Windows update.
Open the Control Panel. You can do this by searching for "Control Panel" in the Start Menu.
Navigate to Programs > Programs and Features.
Click on Turn Windows features on or off in the left-hand menu.
In the list of features, scroll down and expand .NET Framework 4.8 Advanced Services.
Expand WCF Services.
Select all of the WCF Services by clicking the checkbox next to the parent "WCF Services" folder. If any are already checked, uncheck and then re-check them to ensure they are re-enabled.
Click OK to apply the changes.
You may be prompted to restart your computer. It is critical to do this restart for the changes to take effect and for the services to be properly re-registered.
Tested in 3 pcs with this issue, restart again the pc and problem solved!
The update that fix the issue, like Xavier said.  
https://www.microsoft.com/en-us/wdsi/defenderupdates
Somehow I am not able to uninstall update KB5066835 by any method, I tried through Windows Update > Update History > Uninstall Updates and by CMD using wusa
So my final fix was creating a .reg file with this content to disable HTTP/2:
Windows Registry Editor Version 5.00
[HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\IIS\Parameters]
"EnableHttp2"=dword:00000000
After run it and restart my PC I was able to run my projects again.
Once Microsoft releases a new patch for this I think we can roll back again using the same .reg file with this:
Windows Registry Editor Version 5.00
[HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\IIS\Parameters]
"EnableHttp2"=dword:00000001