SMRAM means System Management Mode memory, and according to NetworkWorld blogger Jamey Heary, a rootkit running there would be incredibly difficult to detect. Naturally, such a rootkit could also conceal any number of trojans, viruses, and miscellaneous malware apps running on an infected system. Here's a snip from Heary's blog post:Rutkowska published a paper and proof-of-concept code but notes she wasn't the first to find the bug. Intel employees found the vulnerability in late 2005 but the problem hasn't been fixed yet.
The heart-stopping thing about this particular exploit is that it hides itself in the SMM space. To put that into perspective, SMM is more privileged than a hypervisor is and it's not controllable by any Operating System. By design, the operating system cannot override or disable System Management Interupt (SMI) calls. In practice, the only way for you to know what is running in SMM space is to physically disassemble the firmware of your computer. So, given that an SMI takes precedence over any OS call, the OS cannot control or read SMM, and the only way to read SMM is to disassemble the system makes an SMM rootkit incredibly stealthy!
Source: The Tech Report