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NSE alerts investors against deepfake videos of its MD & CEO Ashish Kumar Chauhan
Image Credit: Wikimedia Creative Commons

NSE alerts investors against deepfake videos of its MD & CEO Ashish Kumar Chauhan

| @indiablooms | 10 Apr 2024, 11:13 pm

Mumbai: The National Stock Exchange (NSE) has cautioned investors about deepfake videos of its MD & CEO Ashish Kumar Chauhan in circulation and advised them to not follow suggestions or investment proposals in such videos.

“We have observed the use of face/voice of Shri Ashishkumar Chauhan, MD & CEO NSE and NSE logo in a few investment and advisory audio and video clips falsely created using technology,” NSE said in a statement.

NSE said that such videos seem to have been created using “sophisticated technologies to imitate the voice and facial expressions of Shri Ashishkumar Chauhan, MD & CEO of NSE”.

Such videos known as deepfakes refer to artificially created videos or audio recordings created using artificial intelligence (AI) technology, which are incredibly realistic and challenging to differentiate from authentic content.

These manipulations involve superimposing the face of one individual onto another person's body or incorporating their voice into a different speech or conversation.

“Investors are hereby cautioned not to believe in such audio and videos and not follow any such investment or other advice coming from such fake videos or other mediums,” it said.

It may be noted that NSE’s employees are not authorised to recommend any stock or deal in those stocks.

Additionally, NSE makes efforts to request these platforms to take down these objectionable videos, wherever possible.

NSE underscored that it does not use any other platform to disseminate information and official messages.

“As per NSE’s process, any official communication is made only through its official website www.nseindia.com, and the Exchange’s social media handles -  Twitter: @NSEIndia, Facebook: @NSE India, Instagram: @nseindia, LinkedIn: @NSE India, YouTube: NSE India,” it said.

It urged the people to verify the source of communication and content which is sent out on behalf of NSE and to check the official social media handles. 

"All investors are requested to take note of the same and verify the information coming from NSE or its officials from its website www.nseindia.com as the official information," the statement read.

Investors and the public at large are advised to take note of the above, it added.

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