"snmpd.service" crashing when using "snmp v3" with "solarwinds" monitoring

Issue

When using snmp v3 and monitoring the system via SolarWinds, the service crashes after a short time with the below error:

# systemctl status snmpd
● snmpd.service - Simple Network Management Protocol (SNMP) Daemon.
   Loaded: loaded (/usr/lib/systemd/system/snmpd.service; enabled; vendor preset: disabled)
   Active: failed (Result: core-dump) since Tue 2020-01-14 09:54:53 EST; 5min ago
  Process: 14173 ExecStart=/usr/sbin/snmpd $OPTIONS -f (code=dumped, signal=ABRT)
 Main PID: 14173 (code=dumped, signal=ABRT)

systemd[1]: Stopped Simple Network Management Protocol (SNMP) Daemon..
systemd[1]: Starting Simple Network Management Protocol (SNMP) Daemon....
snmpd[14173]: NET-SNMP version 5.8
systemd[1]: Started Simple Network Management Protocol (SNMP) Daemon..
snmpd[14173]: double free or corruption (fasttop) <---
systemd[1]: snmpd.service: Main process exited, code=dumped, status=6/ABRT
systemd[1]: snmpd.service: Failed with result 'core-dump'.