This study investigates cyber crimes, and its impact on teenagers which has become a significant phenomenon within the last two decades. People become victims of fraud, defamation or harassment online everyday in all four corners of the world. This research focuses its attention specifically on the impact on teenagers who are active Internet users. A cross sectional interviews were conducted with School teachers, students and parents in order to collect data. The analysis of data and information whether the teenagers are more likely to be exposed to cyber crimes than older age groups and delves into what kinds of risk factors are associated with the exposure to cyber crime among teenagers. In fact, an exclusive research was conducted to find out relevant materials for the project from relevant books, newspaper articles, magazines, journals and websites for identifying issues, data processing and analysis. It also collected data of relevant cases occurred in United Kingdom, India and Sri Lanka in the recent past. The results show that teenagers are more likely to be victims of cyber crimes even when other factors were adjusted for. These findings highlight the significance of understanding both psychological risk factors, patterns of risky online behavior and draw the attention of law makers to impose strict regulations to fight against cyber crimes specifically against teenagers. To put into its context the objective of the report is based on the findings in this research analytically discuss the solutions for the contemporary issues.