Deep Fake Video Of NSE CEO Ashish Chauhan Recommending Stocks Goes Viral; Check What NSE Advices

Not only NSE CEO Ashishkumar Chauhan but, deepfake videos of many other politicians and businessmen like Reliance’s Chairman Mukesh Ambani were circulating on social media.

The National Stock Exchange (NSE) issued an advisory for the investors to not fall for fake or Artificial Intelligence generated deep fakes, after such videos of NSE’s MD and CEO, Ashishkumar Chauhan, recommending stocks went viral on social media. The stock exchange also asked investors to exercise vigilance and rely only on verified information, sourced directly from its official channels.

The advisory highlighted that certain deceptive videos, employing sophisticated technology to mimic voice and facial expressions of Chauhan, have surfaced online, disseminating false investment advice under the guise of endorsement by the NSE.

NSE Advise After CEO Ashishkumar Chauhan’s Deep Fake Video

“It may be noted that NSE’s employees are not authorised to recommend any stock or deal in those stocks. Additionally, NSE makes efforts requesting these platforms to take down these objectionable videos, wherever possible,” said a release by the NSE.

The advisory by NSE also reminded the investor about its communication protocol, affirming that all official announcements are exclusively made through its website, www.nseindia.com, and its verified social media handles.

NSE’s Official Handles

NSE again mentioned their official accounts on various social media platforms and asked users to check the authenticity of the course of information.  NSE’s official platforms on different social media handles are : Twitter (@NSEIndia), Facebook (@NSE India), Instagram (@nseindia), LinkedIn (@NSE India), and YouTube (NSE India).

The cautionary note comes amidst growing concerns over the proliferation of fake news and misinformation targeting unsuspecting investors in the financial markets.

Deep Fake Video Of Mukesh Ambani

Not only NSE CEO Ashishkumar Chauhan but many other politicians and businessmen earlier went viral. Recently many videos of big businessmen like Reliance’s Chairman Mukesh Ambani and others were circulating on social media recommending stocks to buy and giving business advice, all such videos were fake and generated by Artificial Intelligence.

What Are Deep Fake Videos Or Audio?

Deep Fakes are artificially generated videos or audio recordings which look so realistic but are actually fake. Many Times it is very difficult to distinguish such videos or audios from the real thing. They use artificial intelligence (AI) to superimpose a person’s face or voice onto another person’s body or speech.

(With Inputs From ANI)