Once you re-install make sure to download and use a security plugin. They really help. Also, check if your current web host is using Mod_security rules they really help with certain attacks.
-Matt
Yeah it sounds like you will have to upgrade to either a VPS or dedicated server. It really depends on the type of content you are serving.
If it's dynamic it will probably take a pretty beefy server.
Yeah 3Gb is more than enough if your site isn't heavy on dynamic content.
Good luck with your websites, keep working hard and I am sure it's going to work out for you.
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