Dragging a layer turns the background white

I have encountered an issue in the latest version of Photoshop where dragging a layer results in the specific area I'm moving it to turning white, as depicted in the attached image. It is important to clarify that it is not the entire screen that turns white, but rather only the region affected by the layer movement.
Additionally, I have learned that this problem is not unique to my workstation, as several colleagues in the office are also experiencing this issue, despite utilizing different PC setups.
I would greatly appreciate any assistance from professional individuals who may possess a solution to this problem or have information regarding an upcoming update that will address this specific issue.
