New Delhi: The State Bank of India (SBI) has alerted its customers and the public about fraudulent deepfake videos circulating on social media. These videos falsely depict SBI’s top executives endorsing fake investment schemes.
SBI clarified that neither the bank nor its officials are associated with such deceptive offers. In a post on X (formerly Twitter), the bank stated:
“Deepfake videos featuring our top management are being circulated, falsely promoting investment schemes. SBI does not endorse or offer such unrealistic returns. Customers should remain cautious and verify content authenticity before investing.”
Deepfake videos leverage artificial intelligence (AI) to manipulate images, voices, and videos, making them appear highly realistic yet completely fabricated. Cybercriminals use this deceptive technology to scam people by impersonating well-known figures.
SBI has urged individuals to be vigilant, refrain from engaging with suspicious financial offers, and report fraudulent activities to authorities.
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