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.

Two economic theories that can relate to this sample breach letter are rational choice and Marxian economic theory. The letter relates to rational choice because how the third-party company didn’t invest in cybersecurity protocols. By choosing to not invest in early protection of malware their servers got infected, affecting Glass Washer Parts’ data and causing a data breach. This sample letter also relates to Marxian economic theory due to how the third-party company worked with Glass Washer Parts. The third-party company had given Glass Washer Parts a platform, but in the end, Glass Washer Parts had to sacrifice their money in the partnership, as well as customer information once they dealt with the data breach.

Social exchange theory and social learning theory are two social science theories that can be seen in this sample breach letter. Social exchange theory relates to the letter because of the relationship between Glass Washer Parts and its customers. The cost for the customers is their personal information, but in return they get products. For Glass Washer Parts, the cost is getting out a product and the benefit is capital. Social learning theory also relates to the letter by being a potential reason for the third-party company’s choice to not invest in cybersecurity. This could come from the large number of other companies that don’t invest for multiple reasons, whether financial, lack of awareness, or the knowledge that cybersecurity isn’t made an important factor in companies.