Security ... think about it!
Something missing from the speech was one of the most important cybersecurity policies of all: keeping truly critical communications off the Internet. The Internet is but one communications system. There are others, and more can be created. When security is truly important - such as in military communications, back-end financial services, and so on - communications can and should be on separate, dedicated networks. Something that wasn't missing from his speech was the hyperbole that is Washington, D.C.'s stock in trade. President Obama marched out the spectre of terrorist attacks over the Internet, citing a lame and corny threat model called "weapons of mass disruption." As to the $8 billion he says Americans lost to cyber crime in the last two years? That amount is a rounding error on the funds surging out of Washington since the Bush and Obama administrations agreed that propping up failed businesses is a good policy.