Australia’s digital payment crash underscores the essential need for physical cash.

Sharing is Caring!

Millions hit by massive global IT failure crippling banks, supermarkets, airlines, media

See also  War on cash goes parabolic - Walmart, Costco, Target to reject "mutilated" bills

Millions of people across Australia have been affected by a devastating computer outage affecting multiple large businesses, including banks, retailers, telcos and media outlets.

Millions of people across Australia have been affected by a massive Microsoft outage that is causing chaos across multiple businesses

About 3pm on Friday, computers across the country began shutting down with multiple workers reporting issues with multiple different businesses.

The shutdown forced Microsoft devices to go blue and then try to reboot, locking users out of key systems.

See also  Do your DD before FOMOing in—smart money needs exit liquidity! "Digital gold"? Hackable and quantum computing could trash it overnight!

Outage website Downdetector reported Bendigo Bank, Foxtel, National Australia Bank, Australia Post, Suncorp, Xero, NBN, Commonwealth Bank, MYOB, ME Bank, Optus, Telstra Amazon, Westpac, Google, ANZ and Microsoft being among the companies caught in the mass shut down.

Multiple media organisations reported issues with networks, including the ABC, SBS, Channel 7, Channel 9 and News Corp Australia.

https://www.news.com.au/national/south-australia/millions-hit-by-major-it-outages/news-story/a441c2970380c25540dd8ce61f51ab58