Counter Strike Source — Runtime Error 5 At 00403fa4 [updated]

Based on community troubleshooting (Steam forums, Reddit r/GlobalOffensive, and Faceit support threads), the error at 00403fa4 is caused by one of the following:

Unlike a compile-time error (where code fails to build), a runtime error occurs while the program is executing. The computer successfully launched hl2.exe , but then hit a logical wall. Counter strike source runtime error 5 at 00403fa4