Discovered another hotfix that might help.
Short story:
Install Microsoft SQL Server 2016 LocalDB (download SQL Server Express 2016 at https://docs.microsoft.com/en-us/sql/database-engine/configure-windows/sql-server-express-localdb, launch the installer, choose Download Media, get the LocalDB installer)
Long story:
On my old laptop, installing the Microsoft Visual C++ 2015-2019 Redistributable helped (more or less, do not remember exactly), this didn't work for my new laptop though. Installed VS 2019 as a desperate attempt to fix the crash, and it succeeded. Verified that LocalDB is the key component that fixed the crash.
Another odd observation is that the Spider V Remote installer already DOES include the Visual C++ Redistributable installer (Microsoft Visual C++ 2017 Redistributable (x86) - 14.11.25325) - click Show Details when the Spider V Remote installation is complete, locate the redist.exe file, you see? So it's quite a mystery why would we possibly need to install an additional Visual C++ Redistributable in some of the reported cases.