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‘You could kill a country’: Importance of cash stressed amid global cyber terrorism risks

11/03/24
Sky News Australia
Dans Asie / Australie

Sky News host Caleb Bond stresses the importance of maintaining a country’s ability to secure “cold hard cash” amid the climbing vulnerability of digital banking systems. “The one thing with cash is you can’t hack it,” he said. “If you have cold hard cash, it cannot be stolen from you unless someone physically breaks into your house and takes it from you. “You can have an entire country brought to its knees by hacking, entire financial systems brought down, access to your money revoked, like that, if it all held digitally. “You could kill a country in one fell swoop if you don’t have cash.”

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