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The president responded to the criticism late Sunday, tweeting his own doubts that a cyber unit could work.
In sum, the provision means that a cyber emergency would be declared only under some of the worst possible national scenarios.
Stuxnet was launched in 2006 after President Bush was advised that a cyber weapon might be more effective than sabotage – the CIA had introduced faulty materials into Iran's nuclear procurement networks.
Taking these as an input and using the concepts of collective risk modeling theory, we also compute the premium that a cyber risk insurer can charge to indemnify cyber losses.
Assume that a cyber system has l identified vulnerabilities: r 1, r 2···r l.
If the government decides that a cyber attack injured people or destroyed property, it can launch its own counterattack.
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But that's different than a cyber-attack.
Norwegian aluminium maker Norsk Hydro may have lost more than $40m in the week that followed a cyber attack that paralysed parts of its operations, and a full recovery of IT systems will take weeks or more, the company says.
A power company that treats a cyber-induced power outage as an act of God, no different from a tornado or earthquake, demonstrates market failure.
That will affect some titles, but not all, that were part of a Cyber Monday price war this week between Google and Amazon.
In fact, WikiLeaks showed that a cyber-villain can prove just as elusive and decentralized as Al Qaeda.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com