The message "Authentication failure" comes up when there's
unauthorized access to an agent externally. This is an agent's message that is sent by an agent as a SNMP trap. Since, NetCrunch works as an SNMP Manager it listens on port 162 receives all their traps. You may disable this in Tools->Options->Monitoring->SNMP Traps.
Check to ensure that you have the correct SNMP read community set.