#SpreadsheetErrors
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#SpreadsheetErrors #AIAutomation #DataQuality #AI #ArtificialIntelligence
August 31, 2025 at 8:53 AM
5. UBS Rogue Trader Fraud ($2.3B loss, 2011) – A trader used #spreadsheets to hide unauthorized trades, leading to financial disaster.

Poor spreadsheet controls lead to #fraud, #fines, and failure. More cases here: eusprig.org/research-inf...

#ExcelFails #SpreadsheetErrors #DataRisk #excel
Horror Stories | European Spreadsheet Risk Interest Group
Public reports of spreadsheet errors have been sought out on behalf of EuSPRIG by Patrick O’Beirne of Systems Modelling for many years. There are very many reports of spreadsheet related errors and they seem to appear in the global media at a fairly consistent rate.
eusprig.org
February 21, 2025 at 10:31 AM
Trigger #2: Audit & regulatory scrutiny. Errors buried deep in spreadsheets frequently come to light when external regulators or internal auditors investigate, resulting in hefty fines and damaged reputations. #Compliance #SpreadsheetErrors
March 11, 2025 at 1:36 PM
Exploring spreadsheet horror stories—a thread on how small errors can snowball into massive losses, data breaches, & reputational damage. Let’s dive in. #SpreadsheetErrors #DataGovernance

This analysis is based on our horror stories page eusprig.org/research-inf...

Look out for case references...
Horror Stories | European Spreadsheet Risk Interest Group
Public reports of spreadsheet errors have been sought out on behalf of EuSPRIG by Patrick O’Beirne of Systems Modelling for many years. There are very many reports of spreadsheet related errors and they seem to appear in the global media at a fairly consistent rate.
eusprig.org
February 27, 2025 at 1:27 PM
5️⃣ Reinhart & Rogoff (Global austerity error) – Formula omitted five countries, shaping bad policy.

Spreadsheets aren’t harmless—they can be catastrophic.

#ExcelFail #DataRisk #SpreadsheetErrors
February 14, 2025 at 11:22 AM