
It requires you to pay for the fake software before it “cleans” your machine of the fictitious infections.

One way (there may be others) that AntiSpy Safeguard is delivered is through a phony “Microsoft Security Essentials Alert” which is displayed by a Trojan.
Basically, it mimics the idea of VirusTotal, (http://www.virustotal.com/ ) a site which enables you to see how 40 legitimate security companies identify a sample of malicious code that you submit.
The downloader copies itself into multiple folders under different names. After five to 15 minutes it generates a fake alert pop-up window:

If you click ANY of the four buttons on the scary “Potential threat details” screen, it takes you to a web site that shows you how different anti-malware products allegedly identify the malware that is (not really) on your computer. It includes a long list of legitimate ones, which, oddly enough find no infection on your machine.
However, the display shows that some of them -- all of which are rogues -- have identified malicious files. They have a “free install” button listed next to their names. Clicking on the buttons installs the rogues. (AntiSpy Safeguard is lower on list and not shown).

To Remove AntiSpy Safeguard:
If AntiSpy Safeguard has infected your PC, you should remove it immediately. Click here to use VIPRE to remove AntiSpy Safeguard from your computer now.
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