What are some real-world cases of data corruption?

What are some real-world cases of data corruption?

There have been several notable cases of data corruption. One example is the 2012 incident involving the Knight Capital Group, where a software glitch led to a loss of $440 million in just 45 minutes due to corrupted trading data.

What caused the Knight Capital Group incident?

The incident was caused by a failure to properly update their trading software, which resulted in corrupted data being sent to the market, leading to erroneous trades.

Are there other examples of data corruption in different industries?

Yes, another example is the 2018 incident at the British Airways, where a data corruption issue led to the loss of customer data and significant operational disruptions.

How can organizations prevent data corruption?

Organizations can prevent data corruption by implementing regular data backups, using error-checking algorithms, and ensuring robust software testing before deployment.