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Corporations and end users are finding it hard to keep their devices safe from the ever evolving and complicated threat of cyber attacks. Currently, with the widespread adoption of the Internet of Things (IoT), cyber threat is becoming an even greater challenge for both technology providers and consumers. This paper presents a review of the recent and significant cyber security issues affecting many areas of digital technology. From IoT devices and smart automobiles to commonly used computers and typical corporate servers, we focus our analysis on current attack trends and the effects of intrusion on Small and Medium sized Enterprises(SMEs). This paper helps to build awareness among non-technical experts, practitioners and researchers about attack and defense strategies in the current digital market. We have created a guide with input from our in-house security researchers and information gathered from the …