Overview
You can Enable / Disable magic_quotes_gpc for php in your account by setting this directive in .htaccess in httpdocs folder:
php_flag magic_quotes_gpc On
or
php_flag magic_quotes_gpc Off
The magic_quotes_gpc is a function which automatically escape $_GET, $_POST and $_COOKIE variables. This cause a lot of (poorly written) PHP scripts out there which blindly rely on magic_quotes_gpc, to be wide open to various SQL/XSS-injections.
If you run a website that relies on magic_quotes_gpc for escaping user input, we strongly recommend that you disable access to such scripts until a version fixing this bug is released.
By default magic_quotes_gpc was turned off.
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*** The above information is for reference only, Please seek independent technical advice if found necessary.