An apparatus, system, and method are disclosed for facilitating monitoring and responding to error events. An apparatus may includes a set of counters associated with a processing system resource, each counter associated with an error event and having attributes defining a count value, counter thresholds directly related to time, and empirical status information for the error event related to time. A user may adjust counter thresholds indirectly to set an error tolerance. An update module may update counters within the set based on an error event for the processing system resource. The management module persists and maintains a life cycle for counters based on counter attributes. Each counter may be of two types either a fixed counter that counts error events from a start time for a defined duration or a sliding counter that counts error events up to a predefined number of error events within a window of time.