Entry #12

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 psychological sciences theories relate to the letter.

Laissez-faire economic theory explains that the government must intervene because there has been an interference in a company that has an individual’s information. Because this company has had a cyber threat, it is their duty to inform those who have interacted and explain that there is a situation. Reinforcement Sensitivity Theory suggests that people are motivated by the idea of reward. The reward in this scenario is access to people’s money through the taking of their credit card information. Marxian economic theory could also apply to this situation because someone who has greater cyber information was able to take advantage of the vulnerability within the targeted company’s software. Neutralization Theory would apply to the company because they are trying to make their customers aware of the threat and correct and acknowledge their wrong. 

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