Global cybersecurity spending to exceed $80 billion during 2017

Gartner predicts global cybersecurity spending will exceed $80 billion during 2017. The firm predicts cyber security spending will experience seven percent year-over-year growth, projected to reach $86.4 billion by the end of the year. Cybersecurity spending includes any cyber security product or service. Gartner cites increasing numbers of data breaches, app security testing and the…



Users are most concerned about security when using a smartphone, survey shows

A survey conducted by Creative Strategies indicates users are most concerned about data privacy and security when using a smartphone device. The survey interviewed 800 U.S. consumers about the importance of data security and privacy when using various devices and services. According to the firm’s findings, 60 percent of interviewees indicated security matters the most…



Study indicates $25 million spent in ransomware payments within the past two years

A new study conducted by researchers from Google, Chainanalysis, University of California San Diego, and the New York University’s Tandon School of Engineering found victims of ransomware have paid a total of $25 million within the past two years. The study indicates ransomware attacks are a “vicious cycle,” with one successful attack inspiring many others…



Three signs a smartphone has contracted a virus

Malware, ransomware and other viruses are no longer a concern limited to personal computers. Smartphones and tablets are quickly becoming the main computing device choice among technology users, and malicious sources are targeting these devices to compromise the owner’s personal information. A virus can be downloaded unknowingly from email, unsecure websites, text messages and apps.…



HOBI weekly blog recap 6/26-6/30

Here is a recap of the HOBI blog for the week of 6/26-6/30 New Petya ransomware attack spread to more than 60 countries A new ransomware attack is running rampant across PCs worldwide. The malware, identified as a type of Petya ransomware, began targeting organizations worldwide Tuesday morning. This attack follows the high-profile WannaCry ransomware…



New Petya ransomware attack spread to more than 60 countries

A new ransomware attack is running rampant across PCs worldwide. The malware, identified as a type of Petya ransomware, began targeting organizations worldwide Tuesday morning. This attack follows the high-profile WannaCry ransomware attack during May that affected more than 200,000 computers. Bitdefender identified the strain of ransomware of GoldenEye. This type of ransomware is especially…



HOBI weekly blog recap 6/19-6/23

Here is a recap of the HOBI blog for the week of 6/19-6/23 IoT spending anticipated to grow 17 percent during 2017 IDC estimates organizations worldwide will spend up to $1.4 trillion in IoT hardware, software and services by 2021. While the firm predicts substantial growth within the next four years, IDC reports nearly 17…