Video Trojan a Hoax
The Register has all of the latest details concerning the scare on Friday warning of a new video trojan designed to facilitate large-scale DDoS attacks. The virus, dubbed "Serbian Badman" by the security firm that supposedly discovered it, is simply a renamed version of Downloader (aliases:Backdoor.ldr, Downloader.Kit, Trojan.Win32.Loder.WPW, W95/Loader, and WWWPW), which in turn downloads another program "Sub7" (alias: Backdoor-G2), which then enables the remote control of a computer infected with the virus.
As it turns out, this "Sub7" virus is unable to launch DDoS attacks if it has not been improved since its last appearance on the net. McAfee reports that the "Downloader" file is new however, the file it downloads has been seen before.
Much of the anxiety over the virus was just an effort for the not-so-well-known security firm to get some press, and they seem to have succeeded.