In the wake of the arrival of digital media, the Internet, the web, and online social media, a flood of new cyber security research questions have emerged. There is a lot of money being lost around the world because of cyber-attacks. As a result, cyber security has emerged as one of the world's most complex and pressing issues. Cyber security experts from both industry and academia institutions are now analyzing current cyber-attacks occurring around the world and developing various strategies to defend systems from possible cyber-threats and attacks. This paper examines recent cyber security attacks as well as the financial losses incurred as a result of the growing number of cyber-attacks. Our findings indicate that the majority of the research chosen for this study focused solely on a small number of widespread security flaws, such as malware, phishing, and denial-of-service attacks. A total of over 50 major studies that have been published in reputable academic journals and conferences have been chosen for additional examination. A taxonomy of cyber-attacks elements that is based on the context of use in various environments has also been suggested, in addition to a review of the most recent studies on countermeasures for cyber-attacks being the state of the art. Lastly, the research gaps in terms of open issues have been described in order to offer potential future directions for the researchers working in the field of cyber security.
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