If he didn't lose it he never had it.
So, because the humans were successfully kept out of the loop, kept in the dark, and anyway were incompetent because they didn't know what the data really meant, this brilliant light of security advocates to replace them by machines? Because machines obviously know better?
While there could very well be lots of large "cultural" problems with the people that run the banks, but I strongly disagree with his magic-bullet and blatantly ill-informed use of "the machines must save us!"
This guy had too many hats and he cleverly abused them. Is that a reason to put everyone with just one hat in a straitjacket? By using "IT"? I think I'll strongly disagree on both of those, though the UK and EU governments might all agree.