SBI Warns Customers: Beware of Deepfake Scams and AI-Powered Financial Fraud!

• State Bank of India (SBI) has issued a warning about the increasing threat of deepfake scams.
• Cybercriminals use AI to impersonate trusted individuals via video calls, voice messages, and images.
• Fraudsters often create emotional pressure with urgent money requests, posing as bank officials or relatives.
• Deepfake technology generates realistic fake audio, video, or images to gain trust and extract money or sensitive data.
• SBI advises verifying requests through official channels, avoiding unknown links, and never sharing OTPs or account details.

Why It Matters: SBI urges vigilance against AI deepfake scams, emphasizing verification and caution with urgent financial requests.