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Low Orbit Ion Cannon (LOIC) is an open source network stress testing and denial-of-service attack application, written in C#.

 

http://en.wikipedia.org/wiki/Low_Orbit_Ion_Cannon

Notable uses Project Chanology and Operation Payback

LOIC was used by Anonymous during Project Chanology to attack websites from the Church of Scientology,[9] once more to (successfully) attack the Recording Industry Association of America's website in October 2010,[10] and again during Operation Payback in December 2010 to attack the websites of companies and organizations that opposed WikiLeaks.[11][12]

 

 

It wasn't used for anything all the script does is count up in a gui. Though why this appears as malware and not "silly toy" is beyond me

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