President Obama's new cyber security policy and the creation of a White House office for cyber defense is a step in the right direction. I think the new cyber boss can be effective regardless of title or hierarchical position within the White House.
According to the Cyberspace Policy Review referenced above, the Federal government cannot succeed in the many facets of securing cyberspace if it works in isolation. The public and private sectors' interests are intertwined with a shared responsibility for ensuring a secure, reliable infrastructure upon which businesses and government services depend. Government and industry leaders both nationally and internationally need to delineate roles and responsibilities, integrate capabilities, and take ownership of the problem to develop holistic solutions. Only through such partnerships will the United States be able to enhance cyber security and reap the full benefits of the digital revolution.
Whatever the outcome cyber security need the same attention of law enforcement as other crimes.