You need to delete the old "php.gpg" from your system and download the updated PHP "apt.gpg" to fix the error.
Run the following two commands on the terminal to fix the issue:
Remove the old php.gpg:
rm /etc/apt/trusted.gpg.d/php.gpg
Download the new gpg file:
wget -O /etc/apt/trusted.gpg.d/php.gpg https://packages.sury.org/php/apt.gpg