Automated monitors have detected your system conducting DNS queries to off-site servers located in Ukraine which have been implicated in a 'FreeVideo Trojan' compromise. It is highly unusual for systems other than campus DNS servers to do any off site DNS queries. If your system is a Microsoft Windows system then this is very good evidence that you are compromised.
We understand the compromise involves web sites where the user is invited to download a 'FreeVideo' player to view content. The player is in fact a Trojan. See the detailed discussion at the SANS Diary (2006/11/19).
The SANS Diary points to "Registry" keys which will have been changed to insert a root-kit into your boot sequence. If you are comfortable with a Registry Editor (like "regedit") you can confirm the infection by checking the value of the Registry key mentioned (many users are not comfortable doing this).
If we have alarmed your system in error we are very interested to know more -- to date the alarm has been very accurate with some false postives involving campus DNS servers.
The IST/CHIP can provide some assistance, Resnet users should contact Technical Support and each Faculty has a Computing Facility to support their faculty and staff (see the Faculty Help Desks listed at the IST/CHIP). Most user will require the assistance of computer professionals at one of the help centers to resolve this problem.
Many thanks to Brian Eckman of the University of Minnesota and the SANS Internet Storm Centre for posting his analysis.