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In 2024, the European Union passed the AI Act, a landmark regulation designed to create a structured and transparent framework for artificial intelligence development and deployment. The goal of this law is to ensure AI systems used in the EU meet safety, ethical, and transparency standards.
An employee gets an unexpected call from the CEO. The executive, sounding urgent, explains that he just closed a deal and needs the employee to wire $50K to a bank account. The employee jots down the bank details and, without a second thought, transfers the money. The next day, the company discovers it was all a scam—a voice cloning scam.
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