A method and system for detecting and managing potential malware utilizes a preliminary signature to scan content and detect potential malware content based upon characteristics that match the preliminary signature. The detected content is detained for a predetermined period of time. If an updated signature is not received, the detained content may be purged, released or quarantined, based upon predetermined content policy. If an updated signature is received, the detained content is released from detention and rescanned with the updated signature. The content is then treated in accordance with the content policy, and again, can be purged, released, or quarantined.