I’m not in favor of a cashless society but looking at how Apple and Google are pushing their wallets (and how practical it is) you guys need to come to piece with the fact that cash might die with the millennial generation. Most Gen X don’t have / want a physical wallet and money needs to be digital.

With that said, I believe this Crowdstrike fiasco just proved that the biggest threat to IT lies inside the companies themselves and on the managers who decide to use this kind malware without properly understanding the risks. Yes, I’ve said it and I’ll say it again Crowdstrike is malware, anything that messes with Windows at that level is malware, there’s no other description and shouldn’t be allowed by Microsoft to exist.

This is the best summary I could come up with:

Campaigners say the chaos caused by the global IT outage last week underlines the risk of moving towards a cashless society.

Supermarkets, banks, pubs, cafes, train stations and airports were all hit by the failure of Microsoft systems on Friday, leaving many unable to accept electronic payments.

The Payment Choice Alliance (PCA), which campaigns against the move towards a cashless society, lists 23 firms and groups, at least some of whose outlets take only credit or debit cards.

Cash payments increased for the first time in a decade last year, according to UK Finance, which represents banks.

The GMB Union said the outage reinforced what it had been saying for years: that “cash is a vital part of how our communities operate”.

In March, McDonald’s, Tesco, Sainsbury’s and Gregg’s suffered problems with their payment systems.

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