For this journal entry, we had to read a letter and describe how two different economics theories and two social sciences theories relate to the letter.
After reading the letter, I chose Keynesian economic theory and classical economic theory for economic theories. I chose those because Keynesian economic theory relates to the letter because their malware may not have been up to date. This may be due to the money allocated to cyber-security. classical economic theory is related to letters because the customers’ information is part of supply and demand. For social science theories, I chose behavioral theory and cognitive theory. Behavioral theory relates to the letter because what influenced the hacker to choose that specific company. Cognitive theory relates to the letter because they are telling the customers what is possibly happening and they need to act quickly.
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