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The aim of the article is to analyse the relationship of the modern Internet space and the cultural memory. The analysis of cultural memory at the beginning of the XXI century underwent essential changes. The modern space of the cyberspace even more often acts as a source of obtaining the information which has a decisive impact on the formation of mental structures of the modern society. The beginning of the third millennium is marked by basic change of research trajectories of the cultural memory. Specific research projects are put in the forefront. Nowadays the modern world considers the cyberspace as an independent component of the contemporary everyday life. So this work builds upon the given overview and establishes a theoretical construction between cyberspace and cultural memory. The study argues that cyberspace potentially constitutes an external memory. The contemporary status of the cultural memory is elaborated, and a discussion is given to emphasize the importance of the sustainability of the cultural memory and collective identity. The research of the cultural memory and the identification of mechanisms of the influence on it becomes the matter of the state importance for many countries. In our modern century of high technologies many politicians, scientists, actors involve the most powerful instrument of influence – the Internet resources.