System error 86 has occurred

Can someone point me in a direction what else I can try?

If you try to mount a CIFS share on windows 2008 R2 server, the system still prompt for credentials even if you type them correctly.

Furthermore, if you try using shell command net use, you get the following error:

C:\Users\Admini>NET USE R: \\10.0.0.1\share /user:admin password
System error 86 has occurred.
The specified network password is not correct.

To resolve this issue:

  1. go to start > run
  2. type secpol.msc.
  3. Local Policies -> Security Options
  4. Change the value of "Network Security: LAN Manager authentication level" to: LM and NTLM – use NTLMv2 session security if negotiated

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Source If you try to mount a share on windows 2008 R2 server the system still prompt for credential even if you type them correctly