Journal Entry 12
Prompt: Read this https://dojmt.gov/wp-content/uploads/Glasswasherparts.com_.pdf “SAMPLE DATA BREACH NOTIFICATION” and describe how two different economics theories and two different psychological social sciences theories relate to the letter.
The two economic theories that I see play a role in this sample letter are the Marxian theory and the Rational choice theory. For the psychological theory, I believe the Reinforcement Sensitivity Theory is one that played a role in the situation. For the Marxian theory, It relates because it did exploit the “poor” (in terms of cybersecurity knowledge) for their own economic gain by breaching the third party cybersecurity vendor to get payment information and use that as they see fit. For the Rational Choice Theory, I believe the company played a role in the situation because they chose to have a cheaper, third party cybersecurity firm and that is what eventually led to the breach. For the Reinforcement Sensitivity Theory, I believe that the criminals had a goal-driven persistence seeing as the breach lasted for 10 months, leading to a large amount of financial information stolen.