SQL worm hits
Alan Paller, director of the high-tech SANS Institute, said the worm does not appear to have been carrying a malicious payload or to have erased any data.
"It's not a major risk. It's not either of the two things that are terribly damaging," Paller said. "One is hurting people's machines, and one is knocking things [off-line]."
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This a link to the CNN article, and just below is a link to HNS roundup on the MS SQL Worm. This roundup contains the analysis, latest news updates, solutions, security advisories and AV vendor releases on this worm.