Receiving "Error reserving ctr name <...>: name is reserved" error on OpenShift 4.8 or greater

Issue

• I'm receiving "Error reserving ctr name <...>: name is reserved" on a node in my cluster, which is on an OpenShift version greater than 4.6.21.
• I've already ruled out resource contention by evaluating my system usage using oc adm top nodes
  • If your systems are under high loads, first try following this KCS solution
• I am using a Kubernetes security tool, such as Sysdig