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The devastating hack that Sony Pictures Entertainment suffered recently has been consistently generating headlines as reporters and media outlets parse through the leaked emails of the company. But there's another side effect of the hack that should concern everyone working in IT security. According to a report from Mashable, a new malware called "Destover" is out infecting computers with a stolen digital certificate from Sony.

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Companies now find that cloud computing offers many benefits, including more efficient collaboration opportunities as well as potential savings on ­storage, applications and other critical infrastructure. What can the cloud do for you? Get up to speed by checking out “Cloud Computing — A Practical Guide for Today’s IT Decision-Maker,” now available for download within CDW’s Tech Insights app. For more information, click here.

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AMI-Partners’ latest “I-Signal” report states that SMBs are anticipating a marked increase in their IT budgets in the next five years, with almost 25 percent likely to migrate more IT dollars to cloud-based solutions. Key investment areas include Software as a Service, remotely managed IT services and Infrastructure as a Service.

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A new study from PriceWaterhouseCoopers predicts that wearable technology will be fully embraced by American consumers in the next couple of years.

Released in late October, “The Wearable Future” report states that 21 percent of Americans own a wearable device today, and the wearables market is expected to reach more than 130 million units by 2018.

In a result that may flip the BYOD trend on its ear, PwC says consumers are more apt to use wearable technology if their company pays for it. Forty-six percent of those surveyed say their company should pay for wearables, with 72 percent saying they would use a smart watch if the company paid for it as opposed to 42 percent who say they would use one if they had to pay for it themselves.

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If you thought the high-stakes espionage around cyberwarfare was just hype, then prepare to be shocked and awed by this news: Symantec announced on its blog that it uncovered the existence of a sophisticated, advanced piece of spy software called "Reign." The company estimates the malware has been spying on individuals, governments, organizations and businesses since at least 2008.

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It looks like Microsoft's End of Life campaign for Windows XP is officially sending them packing. Computerworld reports that adoption of Windows 8 is increasing as organizations and users ditch Windows XP. This is a welcome surprise since previous studies found most users and companies were switching from XP to Windows 7, not Windows 8.

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