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Source [betanews.com]
Because the flaw lies in the basic implementation of IDN, it's unclear how browser vendors will protect their users. Mozilla developers say they are working on a long-term solution to the issue, and in the meantime will instruct users on disabling IDN support.
Source: [news.netcraft.com]
The attack can be disabled in Firefox and Mozilla by setting 'network.enableIDN' to false in the browser's configuration (enter about:config in the address bar to access the configuration fucntions). There is no known workaround yet for Opera or Safari