Developing successful and optimal solutions to mitigating the hazards of severe space radiation in deep space long duration missions is critical for the success of deep-space explorations. A recent report (Tripathi et al.; 2008) had explored the feasibility of using electrostatic shielding. Here, we continue to extend the electrostatic shielding strategy and examine a hybrid configuration that utilizes both electrostatic and magnetostatic fields. The main advantages of this system are shown to be: (i) a much better shielding and repulsion of incident ions from both solar particle events (SPE) and galactic cosmic rays (GCR), (ii) reductions in the power requirement for re-charging the electrostatic sub-system, and (iii) low requirements of the magnetic fields that are well below the thresholds set for health and safety for long-term exposures. Furthermore, our results show transmission levels reduced to levels as low as 30% for energies around 1000 MeV, and near total elimination of SPE radiation by these hybrid configurations. It is also shown that the power needed to replenish the electrostatic charges due to particle hits from the GCR and SPE radiation is minimal.