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AAP
AAP
Callum Godde

Has the latest IT outage quietly slowed the cash crash?

It may no longer be king but experts say cash is still in the royal family of payments. (Alan Porritt/AAP PHOTOS)

Cash may no longer be king but an unprecedented global outage has put paid to the idea Australia will do away with paper notes and coins anytime soon.

Banks, airlines, supermarkets, media organisations and retailers were unable to operate on July 19 after an outage triggered by major cyber security firm CrowdStrike releasing a Windows software update.

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