Swedish Digital Bank-ID hacked again:
Swedish Digital Identification System BankID from Finansiell ID-Teknik BID AB byepassed on Android:
In theory Swedish Digital Bank-ID should be unique, impossible to copy or restore on another device (smartphone, tablet, etc.)
In practice, despite permanent updates and higher security requirements, it is still hackable even on latest versions of Android and ... unrooted phones!
Hence the legitimate question: How secure is a non-cash payment system?
Risk factors: international conflicts, cyberwarfare, dependency of foreign powers, all affecting Sweden national independence as a sovereign state.
Above 2 reference articles just want to expose how vulnerable is a non-cash payment system based on Internet traffic, foreign powers and naive trust in completely digitally solutions.
Björn Eriksson already showed the danger of nedmonteringen av kontantsystemet in sk Kontant Uppröret.
All digital payment systems are based on US companies and Swedish private banks totally controlled by big foreign actors.
The duty of Sveriges Riksbank is to protect the interest of Swedish people and Swedish National Interests.
What happens in case of a military conflict or natural disaster which cuts the digital communication lines?
How can Swedbank or Nordea then guarantee a sustainable paying system for all swedish citizens?
How can VISA or Master Card guarantee a working payment system?
How can e-krona exist if communications are disrupted?
How can e-krona be used in foreign countries?
They all say today cash paying is too expensive! Really? Or todays banks greed is too big and the banking system has become an Overstate inside the State?
The actual banking system is not yet capable of having a 100% secure paying system and 100% secure digital identification system!
Yet the banking system is working fully for a total dependence of The National State versus Banking System!
This is no longer Democracy but a return to early stage of 1800 Capitalism.
It is the duty of Sveriges Riksbank and Swedish Government to guarantee a working all-situations payment system, totally independent from Private Banking System and Foreign powers. Only the existence of cash-payment system can guarantee the same freedom to all swedish ciitzens, independent of external conflicts, cyberwar, greedy foreign actors and states.
It is total madness and inconscience to believe in a cashless paying system, which is totally vulnerable and can make a country to lose its national independence.
Nathan Rothschild: "Give me control of a nation's money and I care not who makes its laws" is more actual than ever.
IT Security Expert
IT Security Blog: https://zenosloim.blogspot.com/