IT risk and cybercrime pose significant threats to organizations, encompassing
a range of malicious activities such as data breaches, ransomware attacks, and phishing scams. These threats exploit vulnerabilities in information systems, potentially leading to financial losses,
reputational damage, and legal consequences. Mitigating IT risks and combating cybercrime require a multifaceted approach, including robust cybersecurity measures, employee training, regular security
assessments, and collaboration with law enforcement agencies and industry partners. Proactive measures can help organizations detect, prevent, and respond effectively to cyber threats, thereby
safeguarding their assets and maintaining trust with customers and stakeholders.