diff --git a/.gitignore b/.gitignore
index db322c4f08..fdd904f7fe 100644
--- a/.gitignore
+++ b/.gitignore
@@ -51,7 +51,6 @@ cookies
 *.srt
 *.ssa
 *.swf
-*.swp
 *.tt
 *.ttml
 *.url
@@ -119,6 +118,7 @@ yt-dlp.zip
 .vscode
 *.sublime-*
 *.code-workspace
+*.swp
 
 # Lazy extractors
 */extractor/lazy_extractors.py
diff --git a/Changelog.md b/Changelog.md
index 3dbbc210c9..64a0c47fb5 100644
--- a/Changelog.md
+++ b/Changelog.md
@@ -7,7 +7,7 @@
 ### 2024.07.01
 
 #### Important changes
-- Security: [[CVE-2024-10123](https://nvd.nist.gov/vuln/detail/CVE-2024-10123)] [Properly sanitize file-extension to prevent file system modification and RCE](https://github.com/yt-dlp/yt-dlp/security/advisories/GHSA-79w7-vh3h-8g4j)
+- Security: [[CVE-2024-38519](https://nvd.nist.gov/vuln/detail/CVE-2024-38519)] [Properly sanitize file-extension to prevent file system modification and RCE](https://github.com/yt-dlp/yt-dlp/security/advisories/GHSA-79w7-vh3h-8g4j)
     - Unsafe extensions are now blocked from being downloaded
 
 #### Core changes
diff --git a/Makefile b/Makefile
index e1de7f3e91..6c72ead1ef 100644
--- a/Makefile
+++ b/Makefile
@@ -21,7 +21,7 @@ clean-test:
 	rm -rf test/testdata/sigs/player-*.js tmp/ *.annotations.xml *.aria2 *.description *.dump *.frag \
 	*.frag.aria2 *.frag.urls *.info.json *.live_chat.json *.meta *.part* *.tmp *.temp *.unknown_video *.ytdl \
 	*.3gp *.ape *.ass *.avi *.desktop *.f4v *.flac *.flv *.gif *.jpeg *.jpg *.lrc *.m4a *.m4v *.mhtml *.mkv *.mov *.mp3 *.mp4 \
-	*.mpg *.mpga *.oga *.ogg *.opus *.png *.sbv *.srt *.ssa *.swf *.swp *.tt *.ttml *.url *.vtt *.wav *.webloc *.webm *.webp
+	*.mpg *.mpga *.oga *.ogg *.opus *.png *.sbv *.srt *.ssa *.swf *.tt *.ttml *.url *.vtt *.wav *.webloc *.webm *.webp
 clean-dist:
 	rm -rf yt-dlp.1.temp.md yt-dlp.1 README.txt MANIFEST build/ dist/ .coverage cover/ yt-dlp.tar.gz completions/ \
 	yt_dlp/extractor/lazy_extractors.py *.spec CONTRIBUTING.md.tmp yt-dlp yt-dlp.exe yt_dlp.egg-info/ AUTHORS
diff --git a/README.md b/README.md
index e8aeb93f76..836e084e61 100644
--- a/README.md
+++ b/README.md
@@ -2222,9 +2222,9 @@ Some of yt-dlp's default options are different from that of youtube-dl and youtu
 
 For ease of use, a few more compat options are available:
 
-* `--compat-options all`: Use all compat options (Do NOT use)
-* `--compat-options youtube-dl`: Same as `--compat-options all,-multistreams,-playlist-match-filter,-manifest-filesize-approx`
-* `--compat-options youtube-dlc`: Same as `--compat-options all,-no-live-chat,-no-youtube-channel-redirect,-playlist-match-filter,-manifest-filesize-approx`
+* `--compat-options all`: Use all compat options (**Do NOT use this!**)
+* `--compat-options youtube-dl`: Same as `--compat-options all,-multistreams,-playlist-match-filter,-manifest-filesize-approx,-allow-unsafe-ext`
+* `--compat-options youtube-dlc`: Same as `--compat-options all,-no-live-chat,-no-youtube-channel-redirect,-playlist-match-filter,-manifest-filesize-approx,-allow-unsafe-ext`
 * `--compat-options 2021`: Same as `--compat-options 2022,no-certifi,filename-sanitization,no-youtube-prefer-utc-upload-date`
 * `--compat-options 2022`: Same as `--compat-options 2023,playlist-match-filter,no-external-downloader-progress,prefer-legacy-http-handler,manifest-filesize-approx`
 * `--compat-options 2023`: Currently does nothing. Use this to enable all future compat options
diff --git a/devscripts/changelog_override.json b/devscripts/changelog_override.json
index ced38a0ddf..ab42f5549d 100644
--- a/devscripts/changelog_override.json
+++ b/devscripts/changelog_override.json
@@ -179,6 +179,6 @@
     {
         "action": "add",
         "when": "6aaf96a3d6e7d0d426e97e11a2fcf52fda00e733",
-        "short": "[priority] Security: [[CVE-2024-10123](https://nvd.nist.gov/vuln/detail/CVE-2024-10123)] [Properly sanitize file-extension to prevent file system modification and RCE](https://github.com/yt-dlp/yt-dlp/security/advisories/GHSA-79w7-vh3h-8g4j)\n    - Unsafe extensions are now blocked from being downloaded"
+        "short": "[priority] Security: [[CVE-2024-38519](https://nvd.nist.gov/vuln/detail/CVE-2024-38519)] [Properly sanitize file-extension to prevent file system modification and RCE](https://github.com/yt-dlp/yt-dlp/security/advisories/GHSA-79w7-vh3h-8g4j)\n    - Unsafe extensions are now blocked from being downloaded"
     }
 ]
diff --git a/yt_dlp/options.py b/yt_dlp/options.py
index 1b18575c18..76db06c854 100644
--- a/yt_dlp/options.py
+++ b/yt_dlp/options.py
@@ -476,8 +476,8 @@ def create_parser():
                 'no-youtube-channel-redirect', 'no-youtube-unavailable-videos', 'no-youtube-prefer-utc-upload-date',
                 'prefer-legacy-http-handler', 'manifest-filesize-approx', 'allow-unsafe-ext',
             }, 'aliases': {
-                'youtube-dl': ['all', '-multistreams', '-playlist-match-filter', '-manifest-filesize-approx'],
-                'youtube-dlc': ['all', '-no-youtube-channel-redirect', '-no-live-chat', '-playlist-match-filter', '-manifest-filesize-approx'],
+                'youtube-dl': ['all', '-multistreams', '-playlist-match-filter', '-manifest-filesize-approx', '-allow-unsafe-ext'],
+                'youtube-dlc': ['all', '-no-youtube-channel-redirect', '-no-live-chat', '-playlist-match-filter', '-manifest-filesize-approx', '-allow-unsafe-ext'],
                 '2021': ['2022', 'no-certifi', 'filename-sanitization'],
                 '2022': ['2023', 'no-external-downloader-progress', 'playlist-match-filter', 'prefer-legacy-http-handler', 'manifest-filesize-approx'],
                 '2023': [],