When Spreadsheets Go Wrong: 5 of The Biggest Spreadsheet Fails in History

Spreadsheets are ubiquitous in modern day life. Used for everything from creating company budgets and managing personal finances, to calculating tax returns and producing graphs and charts, it’s no surprise that around half a billion people worldwide use Excel alone. But although spreadsheets are undoubtedly useful, like with any form of electronic document that stores data, they come with certain risks.

online spreadsheet

Because of problems like weak security measures and version confusion, it’s all too easy for things to turn sour. As noted by low-code application development software company EASA: “Issues like version confusion, cell type mismatches (for example numbers being recorded as text) and intellectual property vulnerability may occur, bogging down business processes, creating risks, and even derailing projects entirely.”…

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