ALERT – PUBLIC CAUTION NOTICE: BE AWARE OF DEEPFAKE VIDEOS
ALERT – PUBLIC CAUTION NOTICE: BE AWARE OF DEEPFAKE VIDEOS

SBI Warns Customers to Protect Their Finances

The State Bank of India (SBI) has issued a warning to its customers and the general public regarding misleading videos circulating on social media that falsely depict its senior officials. These videos incorrectly assert that the bank’s top management is endorsing investment schemes with unrealistic returns.

SBI has confirmed that neither the institution nor its officials are associated with these schemes. The bank urges everyone to exercise caution and avoid falling victim to these scams.

In a recent post on X (formerly Twitter), SBI issued a public notice alerting users about these deceptive videos, stating: “ALERT – PUBLIC CAUTION NOTICE.”

Understanding Deepfake Videos

Deepfake videos are convincingly realistic but fabricated clips created using artificial intelligence (AI) and advanced technologies.

These videos can manipulate or alter a person’s face or voice, making it appear as though they are saying or doing things they never actually did.

Often, deepfakes are used maliciously, including spreading misinformation, impersonating individuals, or orchestrating scams. Their realistic appearance makes it challenging to distinguish them from authentic content.

SBI’s Message on X

ALERT – PUBLIC CAUTION NOTICE: BE AWARE OF DEEPFAKE VIDEOS

The State Bank of India warns all customers and members of the public that Deepfake videos of its top management are being disseminated on social media, falsely claiming the launch or endorsement of certain investment schemes.

These videos attempt to lead individuals into investing their money in dubious schemes through the use of sophisticated technology.