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The internet is a powerful tool for development, paradoxically it is a double edged sword providing opportunities for governments, business industry etc to develop and operate reaching the international landscape at the same time equipping the greed motivated individuals with risk free opportunities of committing crime. Cyber crime, and cyber attacks or remotely controlled attacks affect our daily lives hence no government, public and private sector can afford to ignore. E-crime observably requires that the cyberspace be regulated in order to achieve independent, in depth analysis of the phenomena and of course accomplish cyber justice and deterrence. Lack of Internationally harmonized legislation, penalty, the knowledge and expertise of cyber criminals, the lagging behind of the law enforcement agencies, judiciary, legislators, prosecutors, academia etc, and of course victims’ failure to report cyber crime incidents seriously inhibit the combat against this high tech crime.