#2023

At the Intersekt 2023 fintech conference, top executives from Australian crypto firms addressed the growing concern of fraud in the sector. Their consensus? Educating users about scammers' tactics can drastically cut down on fraud incidents. Instead of simply responding to issues, the focus should be on proactive prevention. The discussion also pointed out that the responsibility for curbing crypto scams doesn't just fall on the crypto industry — it's shared by banks, social media platforms, and telecom companies as well.

A significant security vulnerability has been identified in the WinRAR utility, potentially allowing threat actors to execute remote code on Windows systems. Dubbed CVE-2023-40477, this flaw arises from improper validation during recovery volume processing. To take advantage of this, users would need to be tricked into visiting a malicious webpage or opening a compromised archive file. The flaw, discovered by a researcher named goodbyeselene, was reported on June 8, 2023, and addressed in WinRAR 6.23 on August 2, 2023. Users are urged to update to the latest version for protection.