Hello Muneer: I see your account in SFDC and that you raised a case back in late Sept '22. In fact, the topic was brought to my attention by local Tech Expert in Oct.
From a very brief review, this topic has lineage to our client barring implementation.
Please do let me know if you cannot access this link; if not we can provide details to your account team SE.
Additionally, one can never have a "one size fits all" answer - ie, the event you posted may not correlate to the same root cause as another customer; according to case notes, beyond the client barring initiative - moving to Kerberos (from NTLM authentication) will also solve the follow-on errors issues.
Lastly, our support center provided methodologies to expand what we term the "paced event log" so that you can stochastically grep this log via SSC in order to see any event statuses that are not covered by the client barring. There was also an inquiry from your team as to the potential use of HNAS ELK integration, though I do not think that inquiry is quite relative to what is being asked in this context.