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    4. Cash
    5. Cloud Outage Forces Return to Cash Payments
    Profile picture of WIRED
    WIRED Jul 19 24

    The Global CrowdStrike Outage Triggered a Surprise Return to Cash:

    The event caused chaos at airports, grocery stores, and Starbucks outlets.

    wired.com/story/microsoft-crowdstrike-outage-cash/
    The Global CrowdStrike Outage Triggered a Surprise Return to Cash
    Preview image from wired.com
    Photo: wired.com · view article
    Cloud Outage Forces Return to Cash Payments
    On July 19, outages disrupted card payments in Australia and the US, causing long lines and some stores to close temporarily.
    Key FactsJul 20, 2024 · Reading time: ~45 sec.
    Summary created with AI assistance · Source: wired.com
    • A global cloud service failure caused widespread disruption to cashless payment systems in airports, stores, and coffee shops.

    • Australia experienced severe impacts, with card-only checkouts failing and some stores locking their doors due to long queues.

    • Starbucks faced significant operational issues including downed mobile ordering and label printers during a popular $3 drink promotion.

    • Cybersecurity experts highlight this incident as a clear example of the fragility and security risks inherent in cloud infrastructures.
    • Software supply chains have long been a serious cybersecurity concern and potential single point of failure.
      — Richard Forno, a cybersecurity lecturer at the University of Maryland, Baltimore County, discusses the vulnerability of our current cloud and internet infrastructure.
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    Cash
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    #cash
    physical money
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    Starbucks
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    American multinational coffee company
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    Microsoft
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    #microsoft
    American multinational technology corporation
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