Anyone can make a copy-and-paste mistake – but this one cost JP Morgan $6 𝐁𝐢𝐥𝐥𝐢𝐨𝐧. 💸
Yes, you read that right. On this episode of Spreadsheet Horror Stories, we discuss how one employee's copy-and-paste mistake cascaded into a $6 billion disaster.
A JP Morgan employee was working with a complex data sheet in Excel, used to mitigate trading risks. 📊
A simple copy-and-paste error led to incorrect calculations being fed into the system. Cascading through layers of decision-making, this small mistake resulted in losses that reached a $6 billion loss.
This incident is an important lesson on data integrity and how automation and AI tools can help reduce human errors.
Mistakes happen – we’re all human But implementing the right safeguards into your workflows can make all the difference when billions of dollars are on the line. To find more case studies like this one check out our 2025 AI and Automation report:
#DataIntegrityhashtag#Automationhashtag#Spreadsheetshashtag#Optimizaitonhashtag#AI
