Justin DeLoach
31 Mar 2024
The first economic theory that relates to the letter would be game theory. As it is
an observation on how an attacker and defender compete to maximize their payouts.
The second economic theory that relates would be the incentive theory. The incentive
theory basically states that the reason that hackers attempt to attack organizations and
steal card data is for monetary gain.
In regards to social sciences theories the first that I see as relating to the letter
would be the rational choice theory. This theory states that the attackers weighed the
pros and cons to taking credit card data and decided that it would be worth it to attack
the glass washer parts company. Finally the last social science theory that relates to the
letter would be the diffusion of innovation theory. This theory basically states that the
reason that hackers likely attacked the company is due to the hackers willingness to
adopt new and advanced tech while the initial company remained on their prior
technologies and policies.