this post was submitted on 30 Oct 2024
630 points (98.8% liked)

Technology

59378 readers
2952 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
630
Sweden, Norway rethink plans for cashless societies over fears that fully digital payment systems would leave them vulnerable to Russian security threats (www.theguardian.com)
submitted 2 weeks ago by [email protected] to c/[email protected]
156 comments fedilink hide all child comments
 

cross-posted from: https://feddit.org/post/4262252

A combination of good high-speed internet coverage, high digital literacy rates, large rural populations and fast-growing fintech industries had put the Nordic neighbours on a fast track to a future without cash.

[...]

But Russia’s invasion of Ukraine in 2022 and a subsequent rise in cross-border hybrid warfare and cyber-attacks blamed on pro-Russia groups have prompted a rethink.

[...]

The Swedish government has since completely overhauled its defence and preparedness strategy, joining Nato, starting a new form of national service and reactivating its psychological defence agency to combat disinformation from Russia and other adversaries. Norway has tightened controls on its previously porous border with Russia.

[...]

[Norway's] justice and public security ministry said it “recommends everyone keep some cash on hand due to the vulnerabilities of digital payment solutions to cyber-attacks”. It said the government took preparedness seriously “given the increasing global instability with war, digital threats, and climate change. As a result, they’ve ensured that the right to pay with cash is strengthened”.

[...]

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 58 points 2 weeks ago (2 children)

I don't like using cashless anything because I know part of the cost is my privacy. Having said that, convenience is a powerful draw and cash can be a pain, especially when you have to find a spot for small coins.

[–] [email protected] 9 points 2 weeks ago (1 children)

Look into Monero. You get the benefits of digital payments, but you get the privacy of cash.

[–] [email protected] 4 points 2 weeks ago (1 children)

I use monero online and cash offline, because no one accepts monero offline.

[–] [email protected] 3 points 2 weeks ago (1 children)

because no one accepts monero offline.

With the XMRBazaar map this may change

[–] [email protected] 1 points 2 weeks ago

Probably not, but one can hope.

[–] [email protected] 18 points 2 weeks ago (2 children)

nobody should be including apple or google spy apps in their payment processing

[–] [email protected] 2 points 2 weeks ago

apple and google is just a small part of the problem. using a debit card is not much better either

[–] [email protected] 10 points 2 weeks ago (1 children)

If you are using Mastercard in the US, Google will be getting transaction data all the same: https://www.bbc.com/news/technology-45368040

[–] [email protected] 3 points 2 weeks ago

Thanks, now I have to switch my primary credit card. Any concerns w/ Visa?