A new worm, WORM_OPANKI.Y, is circulating online. It poses as an iTunes file and is spreading using AOL Instant Messenger. While it does not affect Mac users, it does affect most breeds of the Windows OS.
The worm poses as a file named "iTunes.exe" in an attempt to trick users, "into thinking that this worm is associated with a legitimate product," Trend Micro warns.
However, when activated the worm actually sends a message to all online contacts of an affected user, which reads, "this picture never gets old". Each message has a link to a URL where users download a file that appears to be a JPEG.

News source:
ieXbeta

Full story:
View Here