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Panda Software warns of a new adware program called ProtectionBar, which tries to trick users by installing false security programs on their computers. These programs inform users that their computer is infected by threats that do not exist or show fictitious errors. Then they threaten users so that they buy the license in order to delete the malware supposedly detected. The aim of this system is to earn a profit for the developers of these programs, who will share it with the creators of ProtectionBar.
This system for earning an income is nothing new. Supposed anti spyware programs have been detected in the past, like RazeSpyware or SpySheriff, which kindly offered to clean users’ computers of spyware that didn’t exist or had been installed by the application itself for a modest fee. Certain coincidences in all of these applications could suggest that they belong to the same creator.
http://www.net-security.org/secworld.php?id=4073
As usual, the site is chock full of company info and privacy polices ... NOT
List of other anti spyware cleaners they sell: (most are already on the Rogue list)
WinAntiSpyware
AntiVirus Golden
DriveCleaner
PestTrap
System Doctor
VirusBlast
AdProtect
I repeat ... if you have one of these, get rid of it now!! & good luck.