In a move aimed at stemming the tide of destructive viruses, Microsoft announced the creation of a $5 million fund for information leading to the arrest of virus authors.

Microsoft said the first two rewards it will offer will be for information leading to the arrest and conviction of those responsible for the spread of the MSBlast.A worm and the SoBig virus unleashed earlier this year. The company offered $250,000 rewards for each.

Microsoft executives made the announcement, flanked by representatives of the FBI, Secret Service and Interpol international police agency. Residents of any country are eligible for the rewards, officials said.

Some have expressed skepticism about how effective the program will be. Virus authors may see it as an opportunity to gain more fame or notoriety.

Personally, I think that the program will have a real effect, at least initially. After a few "script kiddies" go to jail, others will be more hesitant. Definitely a move in the right direction.