When visiting any Web page, the site owner is easily able to ascertain what websites you've visited (CSS color hacks) or places you're logged-in (JavaScript errors / IMG loading behavior). They can also automatically exploit your online bank, social network, and webmail accounts (XSS). Additionally, the browser could be instructed to hack devices on the intranet, including DSL routers and printers. And, if that's not enough, they could turn you into a felon by forcing requests to illegal content or hack other sites (CSRF).
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