Microsoft offers this helpful article: Steps that you can take to help identify and to help protect yourself from deceptive (spoofed) Web sites and malicious hyperlinks. Of course, their own Internet Explorer is partially to blame since it obscures the actual link (Mozilla and Firebird display the malicious link in the URL bar and Opera doesn’t allow the link at all). But we know they aren’t really supporting IE anymore.
[Update] It turns out that it is perfectly legal to have URLs with user names in them, so IE technically is correct. The Mozilla organization has been arguing over what to do for a while (and the next versions will act more like Opera), since “fixing” it is effectively a spec violation. IE users will have to wait and see what MS does and, more importantly, install the patch when it’s made available.

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