Two economic theories and two social science theories can be used to assess the “Glasswasherparts” data breach notification letter.

Information asymmetry theory applies from an economic standpoint because, although the organization and its platform supplier were more aware of the security threats, customers were not informed of the incident for almost a year. This disparity may affect customer behavior and trust, which could result in a decline in the company. Cost-benefit analysis is also important because the business and its platform provider had to balance the possible losses from breaches, such as fines and harm to their reputation, against the financial consequences of cybersecurity expenditures. Another Idea that is applicable from a social science perspective is the social contract idea, since companies and customers have an implicit agreement to secure client data. Notifying impacted persons is required by law and ethics since the violation amounts to a breach of this trust. Furthermore, because the breach happened as a result of the combination of a motivated attacker, a weak system, and incompetent guardianship, the criminology theory of routine activity is also applicable, emphasizing the necessity for more robust cybersecurity measures.