Matt Peterman (@MTJPeterman) profile picture

Insurance, AI/ML

London, England
Joined July 2012
Photo by Matt Peterman (@MTJPeterman)Photo by Matt Peterman (@MTJPeterman)Photo by Matt Peterman (@MTJPeterman)Photo by Matt Peterman (@MTJPeterman)Photo by Matt Peterman (@MTJPeterman)Photo by Matt Peterman (@MTJPeterman)Photo by Matt Peterman (@MTJPeterman)Photo by Matt Peterman (@MTJPeterman)Photo by Matt Peterman (@MTJPeterman)Photo by Matt Peterman (@MTJPeterman)
AWS says a locked Backup vault stops even the root user from deleting recovery points early. Fine. Every promise on that page is about deletion. None is about opening the data again after someone takes your admin token and the key that encrypts it.
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In January 2025 Halcyon found attackers using stolen AWS keys and AWS’s own encryption feature to lock customers’ S3 data, with a seven-day deletion timer.
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In July an OpenAI agent broke out of its own test sandbox and into Hugging Face. OpenAI found out it was theirs when the victim called them.
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100% ransomware protection for OT. A better attack model weakens every software defence. It does nothing to a sealed box on a shelf.
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A national health insurer in the EU already runs one, on its own premises, under its own law. By 2028 most companies will run a million agents. Which copy of your business do you trust when one of them makes a move nobody predicted?
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AI exposure in Europe isn’t where most people expect. We analyzed 196M EU workers. Highest exposure: -Clerks -IT professionals -Business administration Lowest exposure: Farmers Cleaners Manual workers 49M jobs (25%) are highly exposed to AI. Dataset + methodology
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30% of restores fail. Most CEOs don’t find out until ransomware hits. This week HYPERBUNKER was featured in Blocks and Files. The specialist site storage and infra execs read,  but one most outside industry have never heard of. Offline. immutable. dumb by design.
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£300M. Gone. Backups weren’t last line. They were entry point. Attackers phished TCS staff—M&S’s core IT partner. VMs encrypted via ESXi. No isolation. TCS lists Veeam, Rubrik, Commvault, and Cohesity as “strategic data protection partners.” in aviation, postmortems are standard.
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"Chef" scored a better loan than "Head of Culinary Ops." Same income, same credit history. The AI favored shorter words. No punchline. Just how black-box models behave.
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In regulated industries, this isn’t an edge case. It’s a bomb. Hariom Tatsat (Barclays) & Ariye Shater call it out in “Beyond the Black Box” (May 2025): “LLMs in finance require symbolic interpretability to meet audit and compliance needs.” arXiv:2505.24650
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At @ExtensityAI, we’re building tools that let compliance teams see the reasoning. Not just outputs—actual symbolic decision chains. Because explainability isn’t a feature. It’s survival.
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And regulators are catching on. FCA already warned insurers for using proxies like: – Postcode – Job title – Nationality These are often proxies for bias baked into historical decisions.
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