FULL PRODUCT VERSION :
JRE 8u92 b14

ADDITIONAL OS VERSION INFORMATION :
MS Windows 7 OS

A DESCRIPTION OF THE PROBLEM :
An applet cannot be loaded, Java Plugin hangs and Internet Explorer (IE) browser may become frozen, when all of the following conditions are met:

1. The applet requests for being launched in JRE 7, for example via "java_version" applet deployment parameter "<param name="java_version" value="1.7*"/>" in "APPLET" tag in the web page HTML code, while on the host JRE 8 is also installed, for example JRE 8u92 b14 and JRE 7u101 b14.
2. Both the file "C:\Users\<USER_NAME>\AppData\LocalLow\Sun\Java\Deployment\deployment.properties" and the directory "C:\Users\<USER_NAME>\AppData\LocalLow\Sun\Java\Deployment\cache" do not exist in the file system.