Unlike most Windows messages, this one is precise: a record in the master file table cannot be read. Understanding what that record is explains both why a single file vanished and why an entire folder tree can go with it.
Each segment is a one-kilobyte record covering a single file. A handful of unreadable ones is a local defect. Hundreds means the region holding the table itself is going, which is a different conversation.
NTFS keeps a master file table listing every file on the volume, and each entry is a file record segment. This error means one or more of those records cannot be read — the index describing where a file lives has been damaged, which is not the same as the file itself being damaged.
It usually appears during a chkdsk run or on boot, and it points at sector-level problems in the region holding the MFT. That region is small and heavily used, which is why it degrades early on a failing drive.
The important thing is what you do next, because the standard advice is to let chkdsk repair it and that advice is frequently wrong.
If the data matters: stop. Chkdsk repairs the file system by discarding what it cannot reconcile. It makes the volume consistent, which is not the same as making your files available, and it writes to a disk that is already failing.
If the data does not matter: let it run. Where the volume is a system disk you intend to rebuild anyway, chkdsk may get it bootable again. That is a legitimate use.
Either way, check the drive health. This error rarely appears on a healthy disk. Read the SMART data before deciding — reallocated or pending sectors climbing means the hardware is the problem.
Do not repeat it. Running chkdsk several times on a degrading drive compounds the damage each pass.
Only if you are prepared to lose whatever it cannot reconcile. It prioritises a consistent file system over your files.
Usually, yes. The MFT region degrades early because it is small and constantly written. Check SMART before assuming otherwise.
Frequently. The records describing them are damaged and the data itself is often intact and reachable by other means.
From £300 +VAT, fixed in writing after the free diagnostic.