I've seen it. Nasty piece of software. I helped quite a few people recover from it.
“I helped quite a few people recover from it.”
How so?
If you didn't format the machine and install from read-only media, you probably didn't help them all that much.
Industry best practice is to format and re-install:
Why do I have to format and reinstall Windows after my computer is infected with a virus?
One of the reasons I surf only using a cheap spare IBM laptop with absolutely no personal data - not even email.
I keep a list of all permissable processes, keep my anti-spyware going and never less than medium security.
What's the trick? I haven't had to clean any users of this one yet, but I'm sure the day is coming.
I recently found one that I couldn't remove and had to just reload the workstation. I don't like losing. >:-(