2017 was a year with astonishing and sophisticated cyber-attacks for Nepal, which includes multi-million rupees virtual bank heist and crypto jacking where attackers hijacked popular websites with the intent to mine cryptocurrencies. Nepal’s cyberspace oversaw sophisticated and sustained international cyber adversaries with intent to cause financial distress. Prominent incidents of cybercrime exemplified that cyber threat is propagating evidently in Nepal and is seen as lucrative target by international cyber criminals. The outreach and diversity of cyber-attacks are expanding, and their operations against both government and private entities are persistently evolving with marked modern innovation.