How to take the risk out of spreadsheets :: SearchSecurity.com.au

The biggest risk inherent in spreadsheets is their sheer ubiquity in financial planning. Spreadsheets are frequently built by individual staff in an ad hoc fashion. That speed of development is a key part of their appeal, but it also means that their structure doesn't undergo rigorous auditing, which can lead to major problems. In one infamous recent case, a poorly formatted spreadsheet resulted in Barclays buyout of Lehman Brothers including many assets which Barclays had no intention of buying.

How to take the risk out of spreadsheets :: SearchSecurity.com.au