From the BBC:

Web payment firm Paypal has said it will block "unsafe browsers" from using its service as part of wider anti-phishing efforts.

Customers will first be warned that a browser is unsafe but could then be blocked if they continue using it.

Paypal said it was "an alarming fact that there is a significant set of users who use very old and vulnerable browsers such as Internet Explorer 4".

Phishing attacks trick users into handing over sensitive data.

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