Peepviewer is a remote administration tool (RAT). RATs give an attacker complete access to infected computers. What each RAT does depends on the attacker’s needs. They are capable of logging keystrokes, intercepting e-mail, taking screenshots, stealing sensitive files, installing more malware and much more. Basically, anything you can do on your computer the attacker can do as well.
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[Eset] Win32/NetBull.11 trojan
[F-Prot] security risk or a “backdoor” program
[Panda] Bck/NetBull.11.srv, Backdoor Program, Bck/PeepViewer.B,
Bck/PViewer.201, Bck/PeepViewer.A, Backdoor Program.LC,
[Computer Associates] Backdoor/BackOrifice.CheckDLL,
None at this time