Viv Forbes – Today’s world is awash with electronic money. But last week, much of Australia’s electronic money disappeared for up to 14 hours with the crash of the Optus electronic network.

The disruption to business and the community was “immediate and profound” with rail networks, hospital services, retailers, and banking establishments affected. Naturally this was not helped by babbling politicians waving big sticks.

Shoppers rushed ATMs to get cash for a cup of coffee. Some were unable to pay for meals they had already consumed. Continue reading →