1004 Question 1 Complete the introduction paragraph below with the most suitable sentence. The term 'cybercrime', which can also be called 'internet-related crime', refers to committing crimes by utilizing computers and the internet (Hamilton & Webster, 2009). According to the Organization for Economic Co-operation and Development (OECD, 2021), access to information and communication technologies (ICT) has increased by 20% in the last decade. As stated by Hamilton and Webster (2009), this widespread use of ICT has created threats like cybercrime which have become easier to commit. The authors add that not only businesses but also individuals suffer from the economic damages inflicted by cybercrime. Global cybercrime damage in 2021 amounts to $16.4 billion a day, $684.9 million an hour, $11 million per minute, and $190,000 per second (Cybercrime Magazine, 2021). Therefore, there is a clear need to take effective precautions at individual and organizational levels to prevent cybercrime. Your answer: It is evident that the cases of cybercrime have been on the rise over the past decade, especially with the further advances in the use of the internet. O The Internet can be used for illegal financial gain such as stealing intellectual property, in other words research into a new product done by somebody else, and use this knowledge for financial gain. From an economic perspective, cybercrimes facilitate downloading movies and music illegally, which causes the film and music industry losing billions of pounds. If no immediate precautions are taken on a legal level, the threat of internet-related crime will cause severe damages socially and economically. Clear answer Question 2