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Cybercrime: the invisible theft in the cashless economy





We often see news about cybercrimes. Large ones, like the Equifax breach, when hackers stole data of roughly 145.5 million US customers, the Wannacry attack, or theft of $400 million from the cryptocurrency exchange Coincheck, seem to be the most disturbing. * All these crimes vary in nature. The Equifax breach was an identity theft, Wannacry was ransomware attack, and hackers stole cryptocurrency during the Coincheck incident. Nevertheless, there is one common thing: all of them are large-scale cybercrimes. And while we denounce audacity of cybercriminals, we do not realize that our cards and bank accounts are subject to the same threats.

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The cashless society from an ethical point of view

The debate about the move towards a cashless society has been at the center of the scene for several years, now. Various angles have been taken by economists, politicians, banking institutions and sociologists. Beyond the technicalities of the debate, lies the question of freedom, of inter-citizen solidarity and of governmental responsibility. The debate cannot remain in the hands of financial specialists, it is first and foremost an ethical, political and societal issue.

The cashless society from an ethical point of view









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Top Ten Things To Know

The debate

Education: how will we teach the value of money without cash?

Cashless society Vs terrorism: Are States fighting last year’s war again?

Inclusion: a cashless economy fights the poorest, not poverty

A cashless economy to root out theft and petty crime?

A cashless economy as a bulwark against fraud and tax evasion?

Does a cashless economy really boost economic growth for all?

Governments and sovereignty concerns in a cashless society

Why commercial banks are lobbying in favor of a cashless economy

Ecology: the carbon footprint of payment means in a cashless economy

The convenience of payments means in a cashless economy