How to fix «Higher matching version 1.8.0 of magento/composer was found in public repository packagist.org» on `composer update` in Magento ≥ 2.4.3?

The solution

composer remove magento/composer-dependency-version-audit-plugin

magento.stackexchange.com/a/347112
support.magento.com/hc/en-us/articles/4410675867917