It is not a secret that the aims for a reverse engineering become more and more difficult from year to year. Obfuscation technologies play far not the last role in it. Particularly technologies of code virtualization which became widely available. More and more often these technologies are used to hide the malicious code, and it adds a headache to virus analysts. Is there any way to effectively fight with this problem? Is the code virtualization so scary and unapproachable?