Over the past three years at least 22,000 organisations worldwide have fallen victim to BEC scams, which involve criminals sending spoof emails from the CEO asking for large money transfers. [ + ]

Sydney's Sitback has secured an exclusive three-year deal to bring to market a web optimisation tool, designed to provide analytics based on the entire user journey, developed by CSIRO's Data61. [ + ]

KPMG Australia has placed Telstra CEO Andy Penn at the top of a list of the top 20 Australian business leaders in terms of the effective use of Twitter. [ + ]

Following a contract sourcing process, nbn has selected six delivery partners for the hybrid fibre-coaxial (HFC) component of the multitechnology mix NBN rollout. [ + ]

Seagate will slash 6500 jobs in a restructure, Avast plans to spend US$1.3bn on AVG, and Google's DeepMind AI to be used to diagnose eye disease. [ + ]

The Turnbull government must address the dearth of technology skills stemming from the lack of interest in STEM degrees and careers in order to to foster Australia's digital economy, according to the ACS. [ + ]

Optus will pay around $2.4 million in compensation to some 175,000 customers of its mobile phone insurance after disclosing to ASIC that it breached regulations covering financial services. [ + ]

Australian cloud-based job management software provider simPRO has opened a new office in Colorado as part of efforts to break into the US market. [ + ]

Australia is the second most targeted nation in the world by ransomware attacks using the Angler exploit kit, with Trend Micro urging businesses to remain vigilant against any threats. [ + ]

There are three key reasons why organisations with a contact centre should look to implement a cloud solution. [ + ]

A new way of storing information on computer disks using electron beams and special ceramics has been developed by University of Sydney researchers. [ + ]

Edge Computing — moving data closer to the end user — can result in a better end-user computing experience and reduced data costs. [ + ]

Now that the Coalition has been declared the winner of the 2016 election, the AIIA has urged the Turnbull government to expand its efforts to foster the digital transformation of the Australian economy. [ + ]

While 81% of senior business decision-makers in ANZ expect digital transformation to play a key role in their market, only 50% have a transformation strategy in place, a survey suggests. [ + ]

Gartner forecasts that the Australian IT market will grow 2.8% in 2016 to $83.3 billion, with software the fastest-growing category. [ + ]