The Mozilla security blog confirms an exploit against an unpatched vulnerability Firefox 3.5 exists and has been made public.

Do note that Heisse tried to confirm the vulnerability and only managed a crash on Vista and can't seem to make it work on Windows 7 RC1
http://www.h-online.com/security/First-Zero-Day-Exploit-for-Firefox-3-5--/news/113761

The mozilla blog above has a workaround by temporary disabling the javascript.options.jit.content setting in about:config

Alternatively one could install and use NoSCript to disable all javascript by default.

WOT stands for Web Of Trust, it is a community knowledge based system where information on websites are shared. After installing the add-on, the links from search engines are tagged with extra symbols showing whether the site's "reputation" level. Very simple to understand, red means potentially bad site and green means good site.

WOT is available for both Firefox and IE . If you choose to use it, remember to contribute back to the project back by helping to rate sites as you visit them.

In addition to the "pwn2own" vulnerability used at CanSecWest last week in order to compromise a system with the Firefox web browser, a new vulnerability has been published which involves XSL Transforms.  This vulnerability impacts both the latest Firefox 3.0.7 and Seamonkey 1.1.15 browsers.

Mozilla is working on updates for both packages and they expect the updated versions to be released by April 1

A proof-of-concept exploit for the XSL Transform vulnerability has been released.  If the attack succeeds, arbitrary code can be run in the context of the browser.  If the attack fails, a DoS condition is likely for the browser.

For more information about the XSL Transform issue, see:

BugTraq
Secunia Advisory
VUPEN Advisory
Bugzilla Entry
Mozilla Security Blog