this post was submitted on 30 Oct 2024
631 points (98.6% liked)

Technology

60049 readers
3204 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 2 years ago
MODERATORS
L3s
[email protected]
[email protected]
L4s
enu
631
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 1 month ago by [email protected] to c/technology
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] 27 points 1 month ago (2 children)

Not to mention total monetary surveillance

[–] [email protected] 9 points 1 month ago

Hmm, I don't anticipate the government to have many issues with that part... But if they have access, then enemies of the state may also gain access, which is the real problem they care about here.

[–] [email protected] -3 points 1 month ago (1 children)

The moment you start using this argument you become a tinfoil hat money laundering thug. Being afraid of putin is more socially acceptable.

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

Can you clarifying. The sarcasm in first sentence doesnt make sense in context of the second.

[–] [email protected] 1 points 1 month ago (1 children)

I refer to comment sections under news about going more cashless, for example. Commenters saying it's bad for privacy get downvoted a lot because it's not socially acceptable to say so.

Same in face to face social setting. If you want to take a stand against cashless, it's good to say something else than the privacy mantra, or people stop listening to you.

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

It's because you're taking a stance against cashless, which sounds paranoid and weird to most people.

Take a stand against VISA and PayPal. Then the bad guy isn't "our" government, it's corporations everyone already hates. And it references problems people already experience.

It's much easier to explain how the situation is already bad than it is to argue how it "could become" bad.