It has also created c:\programfiles\microsoft\desktoplayer.exe
I just did a MalwareBytes scan which found Backdoor.Bifrose in 'c:\program files\system32', Trojan.ZbotR.Gen in a registry value and Hijack.UserInit in registry data.
Could someone please advise me on how to get rid of this virus and also what this virus actually does?
Thanks in advance

edit: also would it be more advisable to to a clean reformat. i have read some other topics on this and it seems that after this infection there is no guarantee that the system will stay clean.
I think i know the file that was carrying the virus. It was an .exe file. Will it be safe if I back up my files but do not include any exe files, then reformat and install windows again?
Edited by fadingout, 05 October 2010 - 03:37 PM.