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    Harvard National Security Journal, 9 Jan 12: Loving the Cyber Bomb? The Dangers of Threat Inflation in Cybersecurity Policy
    There has been no shortage of attention devoted to cybersecurity, with a wide range of experts warning of potential doomsday scenarios should the government not act to better secure the Internet. But this is not the first time we have been warned of impending dangers; indeed, there are many parallels between present portrayals of cyberthreats and the portrayal of Iraq prior to 2003, or the perceived bomber gap in the late 1950s.

    This article asks for a better justification for the increased resources devoted to cyber threats. It examines the claims made by those calling for increased attention to cybersecurity, and notes the interests of a military-industrial complex in playing up fears of a “cyber Katrina.” Cybersecurity is undoubtedly an important policy issue. But with a dearth of information regarding the true nature of the threat, it is quite difficult to determine whether certain government policies are warranted—or if this merely represents the latest iteration of threat inflation benefitting private and parochial political interests.

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    Wired, 14 Feb 12: Wired Opinion: Cyberwar Is the New Yellowcake
    ...Washington teems with people who have a vested interest in conflating and inflating threats to our digital security. The watchword, therefore, should be “trust but verify.”....

    ....Cybersecurity is a big and booming industry. The U.S. government is expected to spend $10.5 billion a year on information security by 2015, and analysts have estimated the worldwide market to be as much as $140 billion a year. The Defense Department has said it is seeking more than $3.2 billion in cybersecurity funding for 2012. Lockheed Martin, Boeing, L-3 Communications, SAIC, and BAE Systems have all launched cybersecurity divisions in recent years. Other traditional defense contractors, such as Northrop Grumman, Raytheon, and ManTech International, have invested in information security products and services. ....

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    WSJ podcast -

    The director of the National Security Agency has warned that the hacking group Anonymous could have the ability within the next year or two to bring about a limited power outage through a cyberattack. Gen. Keith Alexander, the director, provided his assessment in meetings at the White House and in other private sessions, according to people familiar with the gatherings. While he hasn’t publicly expressed his concerns about the potential for Anonymous to disrupt power supplies, he has warned publicly about an emerging ability by cyberattackers to disable or even damage computer networks.
    http://blogs.wsj.com/wsjam/2012/02/2...er-power-play/
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