No. 1 software firm offers $250,000 for information on creator of worm seen costing firms $250M. Microsoft became the latest company to offer a reward for information leading to the arrest and conviction of the creator of the MyDoom virus — an e-mail worm that is expected to cost companies up to $250 million in lost productivity and technical support expenses. “This worm is a criminal attack,’ said Microsoft’s general counsel Brad Smith in a statement. “Its intent is to disrupt computer users…Microsoft wants to help the authorities catch this criminal.” The company is offering $250,000 for information leading to the arrest of the worm writer. The MyDoom worm that is spreading across the Internet is more costly than the recent So Big or MS Blast viruses that were launched last summer because it leaves behind a “Trojan horse,” said John Pescatore, vice president of Internet security for Gartner Inc. Full Story
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