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Computers have become an integrated part of the modern world and are being extensively used for storing and retrieving information. Business organizations are becoming more productive and efficient with the use of Internet-based applications. A significant rise in their use can be seen for personal purposes as they provide speedy and accurate solution for performing a variety of tasks. However, the vast amount of data and information that is being stored and communicated among these computing devices is usually of confidential nature which requires high-end protection from the adversarial attacks. Cyberattacks have become a crucial concern for the economies across the globe. Hence, it has become inevitable to establish adequate security measures to safeguard the sensitive information and security critical systems and to identify and evaluate the underlying factors influencing their development.