try deleting it and reinstalling it - that's the encryption you're seeing
do you have windowblinds installed? if so, have you updated to the latest version?
did you register Diamond? yeah, I know it's free... but => http://forums.mycolorsdesktop.com/325718/page/1/#replies
Do you have "MyColors" installed?
I'm not even gonna mention the big 'MyColors' window in the middle of the pic