Get the latest tech news

Does the Crowdstrike Outage Prove the Dangers of a Cashless Society?


"If there is no alternative, then the whole thing can collapse around you," says Ron Delnevo. He's the chair of The Payment Choice Alliance, "which campaigns against the move towards a cashless society." He's part of those arguing "the chaos caused by the global IT outage last week underlines the...

"He's part of those arguing "the chaos caused by the global IT outage last week underlines the risk of moving towards a cashless society," writes the Observer: Authorities in China and the US have fined businesses for not accepting cash. The GMB [general trade] Union said the outage reinforced what it had been saying for years: that "cash is a vital part of how our communities operate". "When you take cash out of the system, people have nothing to fall back on, impacting on how they do the everyday basics."

Get the Android app

Or read this on Slashdot

Read more on:

Photo of dangers

dangers

Photo of cashless society

cashless society

Photo of CrowdStrike outage

CrowdStrike outage

Related news:

News photo

Global IT outage shows dangers of cashless society, campaigners say

News photo

The Microsoft/CrowdStrike outage shows the danger of monopolization | As the world recovers from the largest IT outage in history, it shows the danger of one point of failure in IT infrastructure

News photo

Microsoft says 8.5M Windows devices were affected by CrowdStrike outage