From Firefox 2:
Phishing Protection is turned on by default in Firefox 2, and works by checking the sites that you browse to against a list of known phishing sites. This list is automatically downloaded and regularly updated within Firefox 2 when the Phishing Protection feature is enabled. Since phishing attacks can occur very quickly, there's also an option to check the sites you browse to against an online service for more up-to-date protection. This enhanced capability, and other Phishing Protection settings, can be configured in Firefox's Security settings.
When sites are checked against a local list in default mode, no information is sent to Mozilla or anti-phishing partners. When sites are checked against remote services, the Web site address is sent over a secure SSL connection.
It's great you now have it built into the browser and I like it more because it's very clear you can turn it off completely if you don't want it. And noticed the communication between you and the anti phishing servers is encrypted as well.
The other interesting security statement from Firefox 2 is :
Open Source, More Secure
At the heart of Firefox is an open source development process driven by thousands of passionate, experienced developers and security experts spread all over the world. Our openness and active community of experts helps to ensure our products are more secure and updated quickly, while also enabling us to take advantage of the best third party security scanning and evaluation tools to further bolster overall security.
This is one of the reasons always behind me for my open source security mindset which has www.opensourcesecurity.org as the major community site.
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