[RHEL 7] vnc session crashed because of segfault - Caught signal 11 (Segmentation fault). Server aborting

Issue

VNC sessions are crashing with the segfault error in the log:

[...]
(EE) Segmentation fault at address 0x38
(EE) 
Fatal server error:
(EE) Caught signal 11 (Segmentation fault). Server aborting
(EE) 
XIO:  fatal IO error 11 (Resource temporarily unavailable) on X server ":1"
[...]

This issue has been mainly observed when the VNC session was running third party applications.