Opera before 7.54 allows remote attackers to modify properties and methods of the location object and execute Javascript to read arbitrary files from the client's local filesystem or display a false URL to the user.
Opera allows remote attackers to cause a denial of service (invalid memory reference and application crash) via a web page or HTML email that contains a TBODY tag with a large COL SPAN value, as demonstrated by mangleme.
Opera 7.50 and earlier allows remote web sites to provide a "Shortcut Icon" (favicon) that is wider than expected, which could allow the web sites to spoof a trusted domain and facilitate phishing attacks using a wide icon and extra spaces.
Opera 7.51 for Windows and 7.50 for Linux does not properly prevent a frame in one domain from injecting content into a frame that belongs to another domain, which facilitates web site spoofing and other attacks, aka the frame injection vulnerability.