Brave Shield not preventing access to malicious sites

Description of the issue:
Brave Shield does not prevent access to malicious URLs despite supposedly being equipped with “URLhaus Malicious URL Blocklist” by default.
Expected result
For Brave to prevent access to malicious site via a block page. This problem is resolved by subscribing to upstream URLhaus Malicious URL Blocklist in brave://adblock
Exact URL of the website in question:
steelhorns.net

  • Or any URL from upstream “URLhaus Malicious URL Blocklist”

Screenshot as it appears in Brave (without subscribed malware list)

Screenshot as it appears in Brave (with subscribed malware list)

Does the site function as expected when Shields are turned off?
Yes

Brave version (check About Brave):
1.31.91