The report said online criminals and spammers were less interested in email than they were previously because of the increasing popularity of social media.
Hacking someone's social media page gives criminals many new ways to steal people's identities or personal information and infect their computers with malware.
There is no doubt that modern technology can make life easier but it also increases the risk of being targeted by unscrupulous individuals.
There are no borders to these crimes and they are often committed by someone halfway around the world.
They have an advantage over the majority of people who use smartphones or social networking websites because they have in-depth knowledge of the technology, how information is stored and how to access it.
This also helps them to devise new ways of scamming unsuspecting victims.
Most users, myself included, have a working knowledge of the technology they use but little insight into the complexities behind the applications.
The findings of the internet security threat report remind us that we need to be on our guard against the threats that arise when technology changes at a rapid pace.