The "Cybersecurity Framework" is an ambitious plan to federally categorize industries and prioritize vulnerabilities as determined by federal agencies and private consultants. Cybersecurity Framework proponents believe this federally designed, initially voluntary set of standards can improve...

Over the past two years there has been a steady drumbeat of alarmist rhetoric coming out of Washington about potential catastrophic cyber threats. For example, at a Senate Armed Services Committee hearing last year, Chairman Carl Levin said that “cyberweapons and cyberattacks potentially can...