How to circumvent the risk posed by enabling third party browser extensions?

To avoid risk by enabling third party browser extensions, please use the solution below.
Step 1 - Retrieve the Class ID of your Panaya BHO Add-On
  1. Open Internet Explorer
  2. Hit ALT to open the Options Menu
  3. Select Tools > Manage Add-Ons
  4. Right Click on the BHO Add-On
  5. Take note of your Class ID
Step 2 - Modify Group Policy Settings
  1. Click on Windows Start Button
  2. Type Group Policy and open the Local Group Policy Editor
  3. Go to - User Configuration > Administrative Templates >Windows Components > Internet Explorer >Security Features > Add-on Management
  4. Enable the Deny all add-ons unless specifically allowed in the Add-on List
  5. Enable the Add-On List option and use the Show button to set these values:
    Value name -  <use your Class ID here>
    Value - 1