full-disclosure - spamming trojan?

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From: geoincidents at nls.net (Geo.)
Subject: spamming trojan?

>>
The end stage appears to be a new variant of the Cjdra proxy trojan.
This person has been spreading trojans via spammed-exploit for a while
now, and now it looks as if he/she has upgraded to the latest IE
exploit.
<<

Am I correct in assuming that this is using the as yet still unpatched IE
exploit and that this is a little more serious than installing adware?

Where the heck are Microsoft and Scot "Information Anarchy" Culp and the
Trusted Computing Forum now? Don't be blaming customers for not visiting
windows update this time.

Geo.