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New virus that propagates on NT networks

Mike McCune writes "It's called " Remote Explorer" and it attacks Windows NT machines in administrator mode. It compresses programs so that they don't execute and encrypts data files. Network Associates calls it "cyberterrorism"." There's a lot of media hype about this one judging by the large number of submissions about it. Is this one serious?
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New virus that propagates on NT networks

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