System panics with "Kernel panic - not syncing: audit: backlog limit exceeded" (OR) "Kernel panic - not syncing: audit: kauditd retry queue overflow"

Issue

• Kernel panicked with the following call traces.

crash> log
[..]
[190792.730395] audit: audit_backlog=8193 > audit_backlog_limit=8192 
[190792.730399] audit: audit_lost=57 audit_rate_limit=0 audit_backlog_limit=8192
[190792.730402] Kernel panic - not syncing: audit: backlog limit exceeded 

[190792.730495] CPU: 4 PID: 24401 Comm: chown Kdump: loaded Tainted: P           OE  ------------   3.10.0-1160.71.1.el7.x86_64 #1
[190792.730539] Hardware name: VMware, Inc. VMware Virtual Platform/440BX Desktop Reference Platform, BIOS 6.00 11/12/2020
[190792.730579] Call Trace:
[190792.730599]  [<ffffffffb3d865c9>] dump_stack+0x19/0x1b
[190792.730632]  [<ffffffffb3d802d1>] panic+0xe8/0x21f
[190792.730656]  [<ffffffffb369e669>] ? vprintk_default+0x29/0x40
[190792.730682]  [<ffffffffb3736914>] audit_panic+0x64/0x70
[190792.730704]  [<ffffffffb373695f>] audit_log_lost+0x3f/0xd0
[190792.730727]  [<ffffffffb37376b4>] audit_log_start+0x1c4/0x4b0
[190792.730752]  [<ffffffffb36daf20>] ? wake_up_state+0x20/0x20
[190792.730776]  [<ffffffffb373c282>] audit_log_exit+0x52/0x990
[190792.730819]  [<ffffffffb373e5aa>] ? audit_filter_inodes+0xda/0x130
[190792.730845]  [<ffffffffb373ed0d>] __audit_syscall_exit+0x22d/0x2b0
[190792.730871]  [<ffffffffb3d9a176>] sysret_audit+0x17/0x21

OR

crash> log
[..]
audit: type=1302 audit(1670108441.530:4365593): item=1 name="/lib64/ld-linux-x86-64.so.2" inode=25186565 dev=fd:00 mode=0100755 ouid=0 ogid=0 rdev=00:00 obj=system_u:object_r:ld_so_t:s0 nametype=NORMAL cap_fp=0 cap_fi=0 cap_fe=0 cap_fver=0 cap_frootid=0
audit: type=1327 audit(1670108441.530:4365593): proctitle=63686D6F6400363434002F7661722F6C6F672F6E6574776F726B5F7379736C6F672F6E6574776F726B5F66696C65732F31302E3
132392E34302E3235322E747874002F7661722F6C6F672F6E6574776F726B5F7379736C6F672F6E6574776F726B5F66696C65732F32303231
2E747874002F7661722F6C6F672F6E6574776F72
Kernel panic - not syncing: audit: kauditd retry queue overflow

CPU: 0 PID: 82 Comm: kauditd Not tainted 4.18.0-425.3.1.el8.x86_64 #1
Hardware name: Red Hat RHEL, BIOS 1.15.0-2.module+el8.6.0+14757+c25ee005 04/01/2014
Call Trace:
dump_stack+0x41/0x60
panic+0xe7/0x2ac
? kauditd_printk_skb+0x40/0x40
audit_panic.cold.25+0x1f/0x1f
kauditd_retry_skb+0x3b/0x50
kauditd_send_queue+0x109/0x130
? audit_log_lost+0x90/0x90
? audit_log_lost+0x90/0x90
kauditd_thread+0x103/0x240
? finish_wait+0x80/0x80
? auditd_reset+0xa0/0xa0
kthread+0x10b/0x130
? set_kthread_struct+0x50/0x50
ret_from_fork+0x35/0x40
Kernel Offset: 0x38800000 from 0xffffffff81000000 (relocation range: 0xffffffff80000000-0xffffffffbfffffff)
---[ end Kernel panic - not syncing: audit: kauditd retry queue overflow