One economic theory represented in the data breach letter is the laissez-fare economic theory. This theory believes that the government should never interfere in the economy, with the exception of when it’s necessary to “protect individuals’ inalienable rights”. Glasswasherpart.com experienced a data breach that exposed customers full names, addresses and complete credit and debit card data for payment methods used on site. Although, law enforcement was not a factor in preventing the intrusion, an investigation had ensued once the cybercrime was discovered and reported. In addition to the laissez-fare economic theory that relates to the data breach letter is the classical economic theory. However, this theory is rooted in the ideology of supply and demand and strongly believes that the government should never interfere in the economy.
Two different social science theories that relate to the data breach letter are symbolic interactionism and and structural functionalism. Symbolic interactionism supports that through studying the interactions between individuals society can be understood. On the other-hand, structural functionalism believes that by studying the functions of different societal mechanisms and their contributions to overall societal functioning society can best be understood.