XML-based formats such as OfficeOpen XML, Excel2003 XML, OASIS and Gnumeric are susceptible to XML External Entity Processing (XXE) injection attacks (for an explanation of XXE injection see http://websec.io/2012/08/27/Preventing-XEE-in-PHP.html) when reading spreadsheet files. This can lead to:
To prevent this, PHPExcel sets libxml_disable_entity_loader
to true
for the XML-based Readers by default.