SBI Warns Millions: Beware of Deepfake Scams Using AI to Steal Your Money

Personal Finance
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CNBC Awaaz•09-01-2026, 10:47
SBI Warns Millions: Beware of Deepfake Scams Using AI to Steal Your Money
- •State Bank of India (SBI) has issued a warning to its customers about the rise of deepfake scams.
- •Cybercriminals are using AI to mimic trusted individuals' videos, voices, and images to extort money.
- •Fraudsters may impersonate bank officials, relatives, or acquaintances, demanding immediate funds via fake AI calls.
- •SBI advises verifying urgent money requests through official channels and not sharing unknown links or account details.
- •Report any cyber fraud immediately to helpline 1930 or through the official cybercrime portal.
Why It Matters: SBI urges vigilance against AI deepfake scams; always verify requests and report fraud immediately.
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