Journal Entry Twelve

I think an economic theory that relates to the letter is the laissez-faire theory, which states that government officials should only intervene in a cybersecurity economic situation if it involves protecting individuals’ inalienable rights. The company had to report the incident to law enforcement. I also think that rational theory relates to the letter because this theory involves making choices in their best interest. An example in the letter that demonstrates rational theory is the section where the organizations had to communicate with their customers about the cyber incident. It was a difficult thing for the organizations to do, but they had to inform their customers. Two social sciences that relate to the letter are economics because the article discussed how customers’ card information was breached and criminology because a hacker stole valuable information from the organization that influenced the company to have to make hard decisions. The economic theory that relates to the letter is the laissez-faire theory, which states that government officials should only intervene in a cybersecurity economic situation if it involves protecting individuals’ inalienable rights. The company had to report the incident to law enforcement. I also think that rational theory relates to the letter because this theory involves making choices in their best interest. An example in the letter that demonstrates rational theory is the section where the organizations had to communicate with their customers about the cyber incident. It was a difficult thing for the organizations to do, but they had to inform their customers. Two social sciences that relate to the letter are economics because the article discussed how customers’ card information was breached and criminology because a hacker stole valuable information from the organization that influenced the company to have to make hard decisions.

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