With competent engineering and construction, the (failed at Arecibo) zinc socket cable anchors can be very reliable. Unfortunately, Arecibo's engineering was so-so, and the construction quality was half-assed.
With annual inspections (by someone with a passable understanding of cable anchors) the problems at Arecibo could easily have been caught in time to correct. Unfortunately, Arecibo received no such inspections.
And this is roughly the pattern for most "sudden" failures of infrastructure.
With or without the inspections, the problems Arecibo faced were of a more serious nature. They are hinted in one of the findings: the non-replacement, repair or bypass of the sockets where large slips were observed.
The telescope received minimal funding for maintenance over the two decades prior to the collapse despite signs of increasing damage observed in the various inspections. A lot of factors probably contributed to this (political climate, the dropping importance of Arecibo compared to other science instruments and missions, and so on) but the result was that the structure was left with slow but sure decay.
I met a couple of people who worked with the telescope including on location and they told me that the general feeling among the people who had this on their minds (most people who ever had anything to do with Arecibo cared about the science not the instrument) was that the decay was slow but certain and catastrophic failure was bound to happen sooner or later. Like a car receiving no maintenance despite the check engine light being on for a decade.
tl;dr once the outer wires break in the socket (in part due to zinc creep, but also potentially more load on them), the "glue" keeping the wire bundle connected to the socket is broken, the former wedge keeping the core in place becomes a straight line, and you have a core ready to pop out.