CONFICKER Worm : How to remove & protect your systems?

If you are a technical user, you can follow these steps:
http://www.microsoft.com/downloads/details.aspx?FamilyId=AD724AE0-E72D-4F54-9AB3-75B8EB148356&displaylang=en
Other customers can follow these steps to remove W32/Conficker.worm and prevent it from spreading:
   1. Install Microsoft Security Update MS08-067: http://www.microsoft.com/technet/security/Bulletin/MS08-067.mspx

CONFICKER Worm : What does it can do?

If you have installed latest security updates & do have a updated anti-virus, then the your are probably protected from conficker.
Win32/Conficker.B might spread through file sharing and via removable drives, such as USB drives. It adds a malicious file to the removable drive so that when the drive is used, the AutoPlay dialog box will show one additional option. The Conficker worm can also disable important services on your computer. The option Open folder to view files — Publisher not specified was added by the worm

CONFICKER Worm : What is it anyways?

Conficker, formally named W32/Conficker.worm, also known as Downup, Downadup and Kido. It uses flaws in Windows software and Dictionary attacks on administrator passwords to co-opt machines and link them into a virtual computer that can be commanded remotely by its authors. Conficker has spread rapidly into what is now believed to be the largest computer worm infection since the 2003. Researchers have found 5 variants of conflickers - Conficker.A, Conficker.B, Conficker.C, Conficker.D & Conficker.E.