Module 11 Journal Entry 1

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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.

One economic theory related to the sample letter is Rational Choice Theory. Rational Choice Theory in economic context means that people make choices in their best interest. It was in the best interest of the business to disclose the breach sooner than later to preserve their image. Another theory present is the Laissez-Faire Economic Theory. It states that, “government should not intervene in the economy except to protect individuals’ inalienable rights” (Amadeo, 2021). The letter explains that the platform partner reached out to the federal government, meaning that they were not going to get involved on their own.

As for social sciences theories present, the Theory of Planned Behavior is related to the letter. That theory posits that there are factors that go into behavior, including things like attitude and subjective norms. When the business discovered the breach, they held back and planned the way that they would disclose it to customers. Another theory related to the letter is General Deterrence Theory. General Deterrence Theory explains the rational decisions made by criminals. The attackers in this case made a decision regarding the cost and benefit of attacking the platform providers.

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