Oded Goldreich has written an essay in response to two essays on “provable security” by Koblitz and Menezes. Oded says that “Although it feels ridiculous to answer [the claims of Koblitz and Menezes], we undertake to do so in this essay. In particular, we point out some of the fundamental philosophical flaws that underly the said article and some of its misconceptions regarding theoretical research in Cryptography in the last quarter of a century.

Neil Koblitz spoke here at IPAM in October on the somewhat related matter of how to interpret results in the Random Oracle model and in the Generic Group model. There is an audio file of his talk.