Computer error rocks Alaska’s fund

From BusinessWeek:

Perhaps you know that sinking feeling when a single keystroke accidentally destroy hours of work. Now imagine wiping out a disc drive containing an account worth $38 billion.

That may be how a computer technician at the Alaska Department of Revenue feels after deleting applicant information for an oil-funded sales account — one of state residents’ biggest perks.

While reformatting the disk drive during a routine maintenance check, the technician mistakenly reformatted the back up drive as well and, suddenly, all the data disappeared.

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