Ouch: $38 bn fund data wiped out

This has to hurt:

While doing routine maintenance work, [a] technician accidentally deleted applicant information for an oil-funded account — one of Alaska residents’ biggest perks — and mistakenly reformatted the backup drive, as well.

There was still hope, until the department discovered its third line of defense, backup tapes, were unreadable.

The article said "no one was blamed." Right.