Cross Site Scripting (XSS) is a vulnerability that allows malicious users to insert client-side code into web pages that is then executed by a user's browser. This code can steal cookies, access private information, perform actions on the user's behalf, and redirect them to malicious websites. XSS works by having the server display input containing malicious JavaScript from a request. There are different types of XSS attacks, including non-persistent, persistent, and DOM-based attacks. Prevention methods include validating, sanitizing, and escaping all user input on the server-side and client-side. Web vulnerability scanners like Burp Suite can help test for XSS and other vulnerabilities.