Regulation and information security: can Y2K lessons help us?

A recent rash of crippling worms and viruses, coupled with the continued threat of a serious cyberattack on the information infrastructure, has once again elevated the notion of USA Federally mandated security regulation to the forefront. Will regulation solve this problem? What has regulation done to help in the past? Why are technologists wary of regulation? These are some of the questions explored in this article.