The global scenario has undergone a sea change in terms of enhanced threat perceptions and ever increasing vulnerabilities, with the proliferation of internet, wide spread use of IECT solutions for various social and economic activities. This is further complicated by fast emergence of newer technologies. The nature of the cyber space viz., usually borderless and anonymity of action is exploited by perpetrating crimes by adversaries. The scale and sophistication of such incidents are continuously increasing. The challenges include possibility of espionage, targeted and deliberate attacks and difficulties in traceability in the cyber world as the state and non state actors are compromising, stealing, changing and destroying valuable information; and thus potentially causing risk and un-estimated losses to the national security, economic growth, public safety and competitiveness.