This is the information given by my security provider when it finds it.
Description: WinAntiSpyware is a type of software whose primary purpose is to create anxiety in the unsuspecting user. WinAntiSpyware advertises itself as a utility that fixes errors on a computer, but will only do so if a user pays for the full version of the program. To entice users into a full version purchase, WinAntiSpyware displays a list of items it reports to be harmful, but in actuality these items are benign and do not pose a threat to the user. WinAntiSpyware runs quietly in the background of a user's computer. WinAntiSpyware may display advertising content.
I should add that it doesn't appear to be "working", that is I'm not getting the advertisments asking me to buy the product.
Edited by Gail Cregg, 12 October 2008 - 05:38 PM.