According to experts, the worm will not cause damage to the computer system that receives the initial e-mail, but could bring down corporate mail servers by sending out thousands of copies of itself.
Experts also say that it is moving at a formidable rate.
MessageLabs, a UK company that tracks the spread of computer viruses and worms, says that since Tuesday evening it has seen more than 8,000 copies of the Homepage pass through its servers. Antivirus vendor Symantec said that Tuesday night more than 30 companies reported receiving the worm. The e-mail spreading the worm claims to contain a page that is guaranteed to become the next Internet craze. You've got to see this page. Once executed, the script will forward the same e-mail on to all the people in a victim's address book and automatically open one of four pornographic Web pages on the user's computer.