Read this https://dojmt.gov/wp-content/uploads/Glasswasherparts.com_.pdf sample breach letter
“SAMPLE DATA BREACH NOTIFICATION” and describe how two different economics theories and two different social sciences theories relate to the letter.
The breach letter relates to economic concepts of knowledge asymmetry and externalities, where a data leak can harm the company’s reputation and have negative effects on the larger community. Social learning and social control are two social science theories applicable to the letter. The company’s response to a breach can serve as a model for other companies, according to social learning theory. Social control theory suggests that conforming to social norms and standards is necessary for avoiding social sanctions such as negative publicity and customer loss.