Worldwide Information Security Spending to Hit $93B in 2018

Gartner Inc. forecasts worldwide information security spending to climb to $93 billion next year. With 2017 already predicted to total $86.4 billion in spending before the year’s end, a nearly seven percent growth from 2016, it seems that information security spending is rapidly becoming a growing concern and major priority all over the globe. Experts…

HOBI Green Technology

HOBI Weekly Blog Recap 10/30-11/03

The following is a weekly recap of the HOBI blog for the week 10/30-11/01 Amazon Rolls Out Plan to Unlock Homes for Convenient In-Home Deliveries On Oct. 25, Amazon announced their plan to launch Amazon Key, a service that will allow customers to hand over a “digital house key” to authorized Amazon drivers, who will…

HOBI Weekly Blog Recap 10/23-10/27

The following is a weekly recap of the HOBI blog for the week 10/23-10/27 iPhone X Projected to Boost 2018 Phone Sales Apple’s iPhone X will be available for preorder today with shipments beginning Nov. 3. Due to the late November release, the smartphone market is expected to see an increase in sales as iPhone…

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…

Data storage laws presenting a challenge for multinational companies

LinkedIn recently decided to abandon all efforts in Russia, due to Russian laws requiring the company to store citizens’ data on servers within the country. The site has since been blocked countrywide after a Russian court sided with the government’s ruling. LinkedIn’s issues with Russian data storage mark an emerging trend of companies facing data…

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.…