Serious security flaw found in IE7

A week back a serious security flaw was found in Internet Explorer and everybody is been advised by 'MICROSOFT' not to use Internet Explorer for any confidential banking transactions until the new patch is released.

The new patch would be released at the earliest and Microsoft advices everybody to use the browser from their rivals until the patch is released. As many as 10,000 websites have been compromised since the vulnerability was discovered.

Other browsers, such as Firefox, Opera, Chrome, Safari, are not vulnerable to the flaw Microsoft has identified. PC Pro magazine's security editor, Darien Graham-Smith, said that there was a virtual arms race going on, with hackers always on the look out for new vulnerabilities. "The message needs to get out that this malicious code can be planted on any web site, so simple careful browsing isn't enough."

"Every browser is susceptible to vulnerabilities from time to time. It's fine to say 'don't use Internet Explorer' for now, but other browsers may well find themselves in a similar situation," he added.