Cyberspace refers to the virtual computer world facilitated by a global computer network using TCP/IP protocol. It contains threats like hacktivism, cybercrime, cyberespionage, and cyberterrorism. However, it also provides advantages such as access to informational resources, entertainment, and social networking. Some disadvantages include risks to personal information, exposure to pornography, and spamming. Users can help enhance security by using strong and unique passwords, installing firewalls and antivirus software, and adjusting privacy settings on social media profiles.