This program is a rewritten version of the NO_ACCESS_Protection by weak1337 tool from x64 to x86. It encrypts the text section and set the protection to NO_ACCESS. The pages will be decrypted on first access. If the RIP, that referenced the memory, is outside of a valid module it will fail and will crash the process after some time. With this they can prevent:

• Basic Signature Ccanning (access violation + rip check)
• Cheat Engine Veh Debugger
• Full process dumping (since you can encrypt the pages again)