This is a fast-spreading Internet worm and file infector. It arrives as an embedded attachment, README.EXE file, in an email that has an empty message body and, usually, an empty subject field. It does not require the email receiver to open the attachment for it to execute. It uses a known vulnerability in Internet Explorer-based email clients to execute the file attachment automatically. This is also known as Automatic Execution of Embedded MIME type.
The infected email contains the executable attachment registered as content-type of audio/x-wav so that when recipients view the infected email, the default application associated with audio files is opened. This is usually the Windows Media Player. The embedded EXE file cannot be viewed in Microsoft Outlook.