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A $25.6M Deepfake Fraud Triggered the EU’s Boldest AI Law Yet
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A $25.6M Deepfake Fraud Triggered the EU’s Boldest AI Law Yet

A finance employee at engineering firm Arup once sat through an entire video call with AI-generated deepfakes of his company's CFO and colleagues, watched their faces move, heard their voices, and authorized a $25.6 million transfer. None of it was real and the fraud only unraveled after the money was already gone.Cases like Arup's prove that AI regulation i…

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Will Izuchukwu