http://glittermonkey.com/blog/posts/166.aspx
Modifying GAC permissions
To do this on the assembly folder you have to unregister shfusion.dll.? Here are the steps
A. Unregister shfusion.dll to allow you access to the Security tab
?? i) Select Start
?? ii) Select Run
?? iii) Type regsvr32 -u C:/WINNT/Microsoft.NET/Framework/v1.1.4322/shfusion.dll
?(or regsvr32 -u C:/WINNT/Microsoft.NET/Framework/v1.0.3705/shfusion.dll)
B. In a Windows Explorer, right click c:/winnt/assembly
?? i) Select Properties
?? ii) Select the Security Tab
?? iii)
C. Reregister the shfusion.dll to deny access to the Security Tab on the assembly folder.
?? i) Select Start
?? ii) Select Run
?? iii) Type regsvr32 C:/WINNT/Microsoft.NET/Framework/v1.1.4322/shfusion.dll
?(or regsvr32 C:/WINNT/Microsoft.NET/Framework/v1.0.3705/shfusion.dll)