Cash: Wake Up, Its The Antidote To Digital Dystopia!

July 21, 2024 00:16:08
Cash: Wake Up, Its The Antidote To Digital Dystopia!
Digital Finance Analytics (DFA) Blog
Cash: Wake Up, Its The Antidote To Digital Dystopia!

Jul 21 2024 | 00:16:08

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Show Notes

Well, last week we got a glimpse of the vulnerability of global IT systems, including payment systems, the latest and perhaps most significant of a chapter of accidents, ranging from banks systems going down, through to disruption from floods and fire, when only physical payments in cash were accepted. US cyber-security firm CrowdStrike said it was responsible for the mayhem, which started on Friday after sending a ‘defective’ update to machines running Microsoft apps. Microsoft has suggested customers try rebooting their computers 15 times to resolve the issue. The IT outage prompted federal politician Bob Katter to demand cash remains […]

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