State Bank of India (SBI) has issued a warning to its customers and the general public. The bank has advised to be cautious of fake deepfake videos. The bank said that some videos are going viral on social media, in which investment schemes are being promoted in a wrong manner by showing senior officials of the bank.
SBI has clarified that the bank or its official has no connection with these schemes. Also, people have been appealed not to trust these videos and be cautious of fraud.
What did SBI write in the post?
SBI has given this information through social media. It was written in this post that ‘Warning – Public warning, be cautious of deepfake videos. State Bank of India cautions all its customers and the general public that deepfake videos of its top management are being circulated on social media, claiming to launch or endorse certain investment schemes. These videos attempt to advise people to invest their money in such schemes through the use of technical tools. We clarify that SBI or any of its top officials do not offer or endorse any such investment scheme. Therefore, the public is cautioned against connecting with such deepfake videos circulated on social media and falling prey to them.’
What are deepfake videos?
Deepfake videos are videos that look real but are altered using AI and deep learning techniques. They involve altering someone’s face or voice to make it look like something that did not actually happen. This technique can be used to spread misinformation, commit fraud, or deceive people.