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The 'Fuck You' virus made a re-appearance in 2001. It was purportedly propagated by now infamous hackers Gorshkov and Ivanov, who, as it was unveiled in US High court, had originally discovered the virus when their own computer became infected while hacking into the NASA network! (See: Judge Upholds FBI Russian Hacker Trap)
Ivanov spent over 3 years reverse engineering the Fuck You virus and once he had it hacked sent thousands of copies round the globe from an old 486 server he hacked into located in a library in Little Rock Tenessee!
The virus was propagated further by the well meaning (ourselves included). The Russian hackers had dressed the virus up as a round robin type email which discussed the plight of a woman who was to be stoned to death in Nigeria. Users who entered their opposition to the stoning on the various websites were immedietly infected, most of them unknowingly.
The Fuck You virus lays dormant for a random period which, as we have recently found out, can be anywhere between a minimum 6 months to 98 years (next millenium) The virus, when activated, freezes the users computer or network, bypassing the operating system printing the words 'Fuck You' on the screen. Rebooting makes no difference as the virus takes over both the CMOS of most known computer hardware types and auto-boot loads bypassing floppy disks etc
A cure is still unknown for this nasty bug (we had to replace hardware) but not everyone needs to worry, only those who have been using the Deep Space Network radar, NASA hackers and users who filled out their opposition to the 'stoned woman' petition (thats how we got it), have any chance of being infected.
Once infected the virus could pop up at any time and locks up a system, rendering it basically useless other than for displaying the quaint message, but there are good odds that it may not surface during the users lifetime.
What actually triggers the outbreak is still unclear.