In the sample letter from the www.glasswasherparts.com data breach, the rational choice theory, the classical economic theory, laissez-fare economic theory, and the marxian economic theory. With the Rational choice theory, the business makes the best choice in its best interest. In this sample letter, the breach went on from February 2016 to December 2016. The breach was discovered in November 2016 and the public was notified in February 2017. With that timeline, it is possible that the earliest information acquired was a full year from notification and it is not known what damage could have been done over that year’s timeframe. When the breach was discovered in November 2016, it took an additional three months before notifying its customers because of law enforcement involvement. The company made the best choice for itself as opposed to the customer in my opinion. Not knowing prior to November 2016 cannot be the fault of the company, but once they were informed, they should have informed the customers so they could have begun mitigation steps sooner. With the classical economic theory, the information provided to the company no longer belongs solely to the individual, so the company, even though it doesn’t seem that they intentionally wanted the breach to occur, they can do with the information as they please to benefit them. With the laissez-fare economic theory, the government did intervene, which is the reason that was given for the delay in notification to allow for their investigation into the breach to occur without interference and hopefully will hold the breached third-party company responsible and the individuals that breached when discovered. For the Marxian economic theory, those with power in this case would be the hackers that initiated the breach. They probably were not going after a particular individual’s information, but it is unknown what they will do with the information obtained, but the only power the impacted parties can do is to cancel and change some of the information obtained and monitor their accounts in a wait-and-see approach.