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Trojans are malicious applications that pose themselves as legitimate software in order to trick users to install them. Once on the victim's machine, it may run any number of malicious process to steal vital information or inflict damage to other software.
GhostSpy is a Trojan horse created to spy on the actions performed on victim machines. The GhostSpy program (virus) can perform the following:
record all actions to a log file (keystrokes, applications started, files opened, etc.)
tracking from a remote computer
blocking of victim computers
with the help an additional plugin called"GhostSpy Screen Spy" it can display pictures of the screen.
Once run the Trojan program registers itself in the system registry auto-run key so that it is run each time a victim computer is restarted. When run GhostSpy is not visible in the list of active processes. All events are entered into a log file and, depending on how the Trojan is setup, periodically archives the log-file and also sends it via e-mail to an indicated address.