"Privacy Watcher" is a fake privacy protection application from www.privacy-watcher.com.
"Privacy Watcher" finds fake privacy violations on the computer and offers to remove them if the user pays for a license.
On a clean test computer "Privacy Watcher" detected 57 Privacy violations which it says "may compromise privacy and harm your reputation".
It also says:
'In order to remove the VIOLATIONS found you must be a registered Privacy Watcher subscriber. Click REGISTER NOW to activate the full version of Privacy Watcher'.
When "Privacy Watcher" is installed the following folders and files are created:
<Start Menu\Programs>\Privacy Watcher
<Start Menu\Programs>\Privacy Watcher\Privacy Watcher Uninstall.lnk
<Start Menu\Programs>\Privacy Watcher\Purchase License.lnk
<Start Menu\Programs>\Privacy Watcher\Start Privacy Watcher.lnk
<Start Menu\Programs>\Privacy Watcher\Support Page.lnk
<User>\Application Data\Privacy Watcher
<User>\Application Data\Privacy Watcher\Privacy Watcher.ini
<User>\Application Data\Privacy Watcher\Selection.dat
<User>\Cookies\<user>@www.privacy-watcher[?].txt
<Desktop>\Privacy Watcher.lnk
<Program Files>\Privacy Watcher
<Program Files>\Privacy Watcher\Buy.url
<Program Files>\Privacy Watcher\Help.url
<Program Files>\Privacy Watcher\HowToBuy.txt
<Program Files>\Privacy Watcher\License.txt
<Program Files>\Privacy Watcher\Privacy Watcher.exe
<Program Files>\Privacy Watcher\Uninstall.exe
The following registry entry is created to run Privacy Watcher.exe on startup:
HKCU\Software\Microsoft\Windows\CurrentVersion\Run
Privacy Watcher
<Program Files>\Privacy Watcher\Privacy Watcher.exe