Microsoft has reportedly admitted that there is a major security flaw in Internet Explorer 7, the most popular and widely used web browser on the market. The security flaw leaves users open to having passwords stolen by hackers.
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An estimated 10,000 websites online are running exploits that can be used to steal passwords from online games. Security firms worry that other hackers may take advantage of the flaw in the browser to steal data of more importance.
The flaw is so significant that Microsoft is said to be considering releasing an emergency update to close the gaping hole in security. So far, the exploit has only targeted IE7, but Microsoft says that other older versions of Internet Explorer may be susceptible as well.
Via Times Online