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The status screen shows the protection status at the moment.
I have just downloaded the latest updates and have not yet clicked on Enable All Protection. Therefore Internet Explorer has 22 new items from which it is not yet protected.

SpywareBlaster does not need to remain open for its protection to be active!
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When I clicked Download Latest Protection Updates on the previous screen it led me to this result.
There is no automatic update for the free version of SpywareBlaster.
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Internet Explorer protection blocks the installation of spyware, adware, diallers, browser hijackers, and other potentially unwanted ActiveX-based software.
It also blocks cookies that may be used to track your activities, build a profile about your habits, collect information, or uniquely identify you to advertisers.
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Restricted Sites restricts the actions of ad / tracking / potentially unwanted sites in Internet Explorer
Note that CoolWebSearch is an extremely intrusive element.
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Mozilla/Firefox does not support ActiveX and is therefore not vulnerable to its abuse, but is given considerable protection from annoying cookies.