In the age of technical modernization, array of new opportunity and potential sources of efficiency for organisations of all sizes emerge but these new technologies have also brought unparalleled threats to economy and populace all over the world. Security measures must be taken to ensure safety and reliability of organizations. Hacking of data and information has become almost a practice in organizations. Therefore it is necessary to understand the features of cyber security. Cyber security is described as the protection of systems, networks and data in cyberspace. It is a critical concern for all businesses. Cyber technology is documented as modern ways for investors and common people to effortlessly, economically and efficiently access ample of source and opportunities to accomplish their task. In parallel, it also attracts fraudsters to apply fake schemes. Internet media is a major resource for developing serious crime. As Internet is growing rapidly, online criminals try to present fraudulent plans in many ways. Cyber-attacks are current method of creating fear in a technology driven world.