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dqiksysguard.exe - this was pretty nasty

IS this a new threat? I have heard of other people getting it.

I had to clean it from my registry, kill it in taskmgr and remove it from my harddrive.

It looks like it pops up unwanted sites in IE.

C:\Documents and Settings\Administrator\Local Settings\Application Data\sgrcme\dqiksysguard.exe

01/18/2010  12:27 PM           429,056 dqiksysguard.exe

               1 File(s)        429,056 bytes