Browser extensions are additional tools developed by third parties that integrate with web browsers to extend their functionality beyond standard capabilities. However, the browser extension platform is increasingly being exploited by hackers to launch sophisticated cyber threats. These threats encompass a wide range of malicious activities, including but not limited to phishing, spying, Distributed Denial of Service (DDoS) attacks, email spamming, affiliate fraud, malvertising, and payment fraud. This paper examines the evolving threat landscape of malicious browser extensions in 2025, focusing on Mozilla Firefox and Chrome. Our research successfully bypassed security mechanisms of Firefox and Chrome, demonstrating that malicious extensions can still be developed, published, and executed within the Mozilla Add-ons Store and Chrome Web Store. These findings highlight the persisting weaknesses in browser's vetting process and security framework. It provides insights into the risks associated with browser extensions, helping users understand these threats while aiding the industry in developing controls and countermeasures to defend against such attacks. All experiments discussed in this paper were conducted in a controlled laboratory environment by the researchers, adhering to proper ethical guidelines. The sole purpose of these experiments is to raise security awareness among the industry, research community, and the general public.