In an attempt to defraud people, the State Bank of India (SBI) has warned that deepfake videos of its top management officials are being shared on social media.

"State Bank of India warns all its customers and the general public that deepfake videos of its Top Management are being circulated in Social Media that claim launch of or support to some investment schemes," the bank stated in an official post on X.
The bank added that by using technological tools, these Deepfake videos try to convince viewers to invest their money in certain schemes.
It stated, "We make it clear that SBI and any of its top officials do not promote or offer any investment schemes that promise unreasonably high or unrealistic returns."
"Members of the public are, therefore, cautioned against engaging with and falling prey to such deepfake videos circulated over Social Media," SBI stated, urging people to use caution.

What Is Deep Fake Video?

Deepfake videos are highly manipulated digital creation in which artificial intelligence is used to superimpose someone's face or voice onto another person's body, often creating hyper-realistic and deceptive content. These videos can be used to spread misinformation, manipulate public opinion, or create fraudulent media for malicious purposes.

As technology advances, deepfake videos are raising significant concerns over privacy, security, and ethics. Experts warn that their potential to deceive the public, especially in political or social contexts, highlights the growing challenges in verifying the authenticity of online content.