Read this https://dojmt.gov/wp-content/uploads/Glasswasherparts.com_.pdfLinks to an external site. sample breach letter “SAMPLE DATA BREACH NOTIFICATION” and describe how two different economics theories and two different social sciences theories relate to the letter.
From the Sample Breach letter, we can gather some motivations and behaviors tied to the theories related to the course’s modules.
When it was revealed to the reader that the breach had occurred roughly a year ago it was noted, by Rational choice theory, that notifying the affected customers did not fit in the best interest of the investigators nor the company at the time, as it could have interfered with the investigation and caused a disruption to the company. Agency theory explains the conflicting interests of businesses and their customers, and the desire to come to an agreement that minimizes the incongruence. The company is now working to Appeal to the customer’s desire to recover any stolen information and the business is trying to maintain customer trust.
By offering what looks like a government-assisted Privacy Protection Office’s contact information, it looks like Laissez-faire economic theory played a part as the government did not have any authority over the breached company’s financial information management, but is offering to resolve the customers’ right to Privacy.
Understanding the Theory of Planned Behavior, the breached company offered a way for customers to take control of the situation; understanding that the intentions of the customers will be to resolve possible identity theft. The company had also offered to be transparent with their intentions for being quiet about the breach for so long as customers would begin to raise concern for the company’s trustworthiness.