SBI warns public of deepfake videos promoting fake investment schemes
SBI publicly warned that deepfake videos falsely depicting its top officials endorsing fake investment schemes are circulating on social media. The bank clarified it has no connection to such schemes and urged the public to avoid these fraudulent videos.
What happened
Deepfake videos falsely depicting SBI's top management are being circulated on social media, claiming to promote investment schemes with unrealistic returns.
These videos use advanced AI technology to manipulate faces and voices, making it appear that SBI officials are endorsing fake investment schemes.
Reported impact
The videos attempt to persuade members of the public to invest money in fraudulent schemes.
SBI clarified that neither the bank nor its officials are associated with any such investment schemes promising unrealistic or unusually high returns.
Governance controls
SBI issued a public caution notice on social media warning customers and the general public about the deepfake videos.
The bank advised people to be cautious and avoid engaging with such deceptive content circulated on social media.
Classification
Sources and evidence
Sources not yet published
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