Livemint SBI Issues Warning on AI Voice-Cloning Scams Targeting Bank Customers
Article Content
- •SBI warns of AI voice-cloning scams targeting bank customers.
- •Fraudsters impersonate trusted individuals to solicit money transfers.
- •SBI advises verifying caller identity and reporting suspicious calls.
The State Bank of India (SBI) has issued a warning regarding AI voice-cloning scams that deceive individuals into transferring money or sharing sensitive banking information. These scams exploit advancements in voice-cloning technology, allowing fraudsters to impersonate trusted individuals, such as family members or officials. SBI's alert, part of its 'National Cyber Security Month Special Campaign 6.0', emphasizes the importance of verifying the identity of callers before acting on any urgent financial requests. Victims may receive calls that sound legitimate, leading to unauthorized transactions if they act in haste. SBI advises customers to remain calm, verify the caller's identity by calling back, and to report any suspicious activity through their helpline or the cybercrime portal. The bank also shared an illustrative video demonstrating how these scams operate, highlighting the urgency often created by the fraudsters. The warning comes amid rising concerns about the misuse of AI technologies in cybercrime.
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