Favorites file encrypted?!?

I downloaded the Smartftp and have been having some issues hooking up with a host of some files that I need and thats been a pain.... But my real question is regarding an issue that wont even allow me to open it. I click on my shortcut thats on my desktop after having downloaded and installed and I get a little window that pops up with a message, "The favorites file is encrypted. Please enter the password." This hadnt happened before and I never assigned any password on start up. Whenever I try something out, like the password for the favorite that I was trying to log onto before all that happens is that the window disappears and the ftp never opens. What the hell is going on?!?