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Network technician deletes £20bn fund

A network technician managed to wipe the details for a £20bn residents’ oil and minerals fund in Alaska.

The Alaska Permanent Fund is designed to give an annual share of the proceeds from oil and mineral extraction to Alaskan residents, but nine months of records were accidentally deleted by the network technician.

The technician not only wiped the applicant information from the system, but somehow managed to reformat the back-up drive too. To crown the disaster it was also found that the back-up tapes were unreadable too.

The Alaska Permanent Fund was reduced to rescanning all the original paperwork after consultants from both Microsoft and Dell understandably failed to find an alternative solution.

At least someone was able to locate the hundreds of cardboard boxes the original application documents were stored in. So much for the paperless office.

It is not known whether the technician responsible for the gaffe is still working for the fund.

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