Trouble with fontawesome after upgrade

I just upgraded my system to miktex-20.6.29-x64 (followed by performing update) and then suddenly package fontawesome doesn’t work anymore.

documentclass[12pt,a4paper]{scrartcl}
usepackage{fontawesome}

begin{document}
Lorem ipsum faFloppyO
end{document}

Above code produced error message

Sorry, but miktex-makepk did not succeed. The log file hopefully contains the information 
to get MiKTeX going again: C:UsersPujiAppDataLocalMiKTeXmiktexlogmiktex-makepk.log
        
Process exited with error(s)

and the logfile contains this lines at the bottom

!pdfTeX error: pdflatex.exe (file FontAwesome--fontawesometwo): Font FontAwesom
e--fontawesometwo at 720 not found
 ==> Fatal error occurred, no output PDF file produced!

How do I fix this?