Information Security Error Caused Austerity

The headline of which we dream.

It looks like there was an Excel coding error in one of the main academic papers which brought this age of austerity upon us. The spreadsheet that the authors used is not accurate.

The Roosevelt institute blog has all the dirty details.

Now for the Information Security angle. We all know that information security is about protecting the confidentiality, integrity and availability of

According to ISO 27000, information security is the

• "preservation of confidentiality, integrity and availability of information"

Also according to ISO27000, integrity is the

• "property of protecting the accuracy and completeness of assets"

The Roosevelt blog shows that the Excel spreadsheet was not accurate.
Since the accuracy isn't protected, then there is an integrity issue.
And since there is an integrity issue, there is an Information Security issue.

QED.

Imagine having to tell the people of Europe that all these austerity measures are the result of an Information Security problem in an Excel Spreadsheet.

Useful Links

• Roosevelt Institute Blog: Researchers Finally Replicated Reinhart-Rogoff, and There Are Serious Problems. 
•  ISO/IEC 27000:2012 

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