Fines of up to $500,000 can be levied on any merchant or service provider that is compromised and not compliant with Payment Card Industry (PCI) standards at the time of an incident.

Privacy Awareness Week emphasised the need for organisations to embed privacy practices into business-as-usual processes, and for individuals to think about how to protect privacy in their everyday lives. [ + ]

Westpac will increase its annual investment spending by around $200m, with a special focus on technology spending, to stay abreast of the major changes taking place in the financial services industry. [ + ]

iiNet CEO David Buckingham has left following TPG's acquisition of the ISP, attackers have inserted malware on Microsoft's MSN.com web portal, and Google's Chrome has begun ads that use Adobe Flash. [ + ]

The Olympic Games' global IT partner Atos, in collaboration with EMC, has delivered the cloud IT infrastructure that will be used for the 2018 Winter Olympics and all future Games. [ + ]

The Australian data centre outsourcing market will grow 18.2% this year, but has reached its peak growth phase and will slow down from 2016, Frost & Sullivan has predicted.

Myer is using data analytics to address the major challenges facing brick-and-mortar retailers, embarking on a $600m transformation drive focused on productivity, omni-channel retailing and the customer experience. [ + ]

CryptoLocker has been one of the biggest crises in IT over the past 18 months, and it hasn't gone away. Here are eight steps you can take to prevent an attack. [ + ]

Every day there are innovations in software and hardware, but more innovation is needed when it comes to finding better ways of using the technology we already have access to, says Matt Smith. [ + ]

This week: Are you smarter than a supercomputer?, an IT project that needs to go back to school, banking blunders, airline booking bloopers, and it's time to quit your factory job. [ + ]

ANZ Bank will deploy technology from IBM and form a joint innovation lab with the technology company as part of a project to improve productivity, innovation and customer insight. [ + ]

Educating people about security and making sure that those ideas stick is an involved process that will differ by industry, company and roles, and how staff interact with IT. [ + ]

With Apple devices widely used within the enterprise, poor device management and security processes for the devices are exposing companies to huge liabilities, according to Centrify. [ + ]

Windows 10 is off to a flying start — the OS has so far been deployed in over 75 million devices across nearly every country on Earth, according to Microsoft statistics. [ + ]

There are four important reasons to consider flash storage over the traditional disk-based approach, and they are cost, capacity, simplification and flexibility, writes EMC's Darren McCullum. [ + ]