Post-processing of the image failed likely because the server is busy
A newly installed WordPress site may have image upload issue. Any format of image upload will be fail due to POST-PROCESSING ISSUE.
Let understand what is the issue :
Description: Whenever you upload any photo on the WordPress site its process the image and while processing it check for the image size and resources to upload the picture into the server.
Root Cause: When the server realized that the image processing is taking higher memory than the allocated along with execution time it will encounter the following error :
WordPress Image Upload time error : Post-processing of the image failed
Resolution: Add the following lines in the .htaccess file of your Cpanel web server, If you are using Plesk update this lines on user.ini
file_uploads = On
memory_limit = 128M
max_input_vars = 2000
upload_max_filesize = 100K
post_max_size = 64M
max_execution_time = 120

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