Journal 12

Prompt: Read this sample breach letter “SAMPLE DATA BREACH NOTIFICATION” and describe how two different economics theories and two different social sciences theories relate to the letter.

https://dojmt.gov/wp-content/uploads/Glasswasherparts.com_.pdf

The sample data breach letter relates to the laissez faire economic theory as well as the rational choice theory. Laissez-faire economics promotes minimal government involvement in the economy, except to protect citizens’ inalienable rights. Most companies follow government regulations to notify their consumers if their information is breached, which is protecting their right to privacy even though the government is not directly involved in their economic practices. This breach letter describes the choice the company made regarding which platform provider they used and when to inform their consumers, relating to the idea of rational choice. 

The sample data breach letter also relates to the social science theories of social contracts and rational choice. There is a social contract, as well as a legal one, that binds businesses and individuals in informing the latter if their information is compromised. Rational choice theory also plays a role as a social science theory as it explains that the attacker had to weigh their options before deciding to steal that information.