I've read it takes between 2 weeks and 2 months of uninterrupted sunlight at full strength (e.g. no clouds, directly overhead) to erase an EPROM.
Of course a mixed amount of light over time could have caused at least one bit to "turn" rendering it "bad".
The chances are however there are physical issues with the board instead... e.g. dried out capacitors, rusted/broken chip legs, cold solder joints that could have occured during that same amount of time.
I would blame bit rot last after everything else as most boards are not stored in areas with high UV sources. And remember it's shortware UV not longwave UV that erases them, thus in home halogen, incandescent, flourescent, black lighting and plant growing bulbs won't contribute much to erasing them from accidential exposure.