SBI has warned the public about misleading videos that are being shared on social media
SBI has warned the public about misleading videos that are being shared on social media
SBI is advising customers to be cautious and prioritize saving their funds.
State Bank of India (SBI has issued a warning to the public regarding misleading videos that are being shared on social media. These deepfake videos inaccurately depict SBI officials promoting fraudulent investment schemes. The bank has made it clear that it is not associated with these scams.
SBI issued a public notice on X to alert users regarding these videos. The post was captioned: “ALERT – PUBLIC CAUTION NOTICE.”
ALERT – PUBLIC CAUTION NOTICE pic.twitter.com/iIpTusWCKH
— State Bank of India (@TheOfficialSBI) December 16, 2024
Deepfakes are digitally altered videos or representations created using advanced artificial intelligence, resulting in realistic-looking images and sounds that are actually fabricated. This technology can deceive viewers into believing in the authenticity of something that is not true. Essentially, anyone with a computer and internet access has the capability to create a “deepfake” video.
SBI is advising individuals to exercise caution. These videos circulating on social media inaccurately assert that the senior management of SBI is endorsing investment schemes that promise unrealistic returns.
SBI has made it clear that neither the bank nor its representatives are associated with these schemes. The bank has warned the public to remain vigilant and avoid falling victim to such scams.
“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 that claim the launch of or support for some investment schemes. These videos attempt to advise people to invest their money in such schemes through the use of technological tools. We clarify that SBI or any of its top officials do not offer or support any such investment schemes promising unrealistic or unusually high returns. Members of the public are, therefore, cautioned against engaging with and falling prey to such deepfake videos circulated over Social Media,” says the X post by SBI.
