#FactCheck: Fake video falsely claims FM Sitharaman endorsed investment scheme
Executive Summary:
A video gone viral on Facebook claims Union Finance Minister Nirmala Sitharaman endorsed the government’s new investment project. The video has been widely shared. However, our research indicates that the video has been AI altered and is being used to spread misinformation.

Claim:
The claim in this video suggests that Finance Minister Nirmala Sitharaman is endorsing an automotive system that promises daily earnings of ₹15,00,000 with an initial investment of ₹21,000.

Fact Check:
To check the genuineness of the claim, we used the keyword search for “Nirmala Sitharaman investment program” but we haven’t found any investment related scheme. We observed that the lip movements appeared unnatural and did not align perfectly with the speech, leading us to suspect that the video may have been AI-manipulated.
When we reverse searched the video which led us to this DD News live-stream of Sitharaman’s press conference after presenting the Union Budget on February 1, 2025. Sitharaman never mentioned any investment or trading platform during the press conference, showing that the viral video was digitally altered. Technical analysis using Hive moderator further found that the viral clip is Manipulated by voice cloning.

Conclusion:
The viral video on social media shows Union Finance Minister Nirmala Sitharaman endorsing the government’s new investment project as completely voice cloned, manipulated and false. This highlights the risk of online manipulation, making it crucial to verify news with credible sources before sharing it. With the growing risk of AI-generated misinformation, promoting media literacy is essential in the fight against false information.
- Claim: Fake video falsely claims FM Nirmala Sitharaman endorsed an investment scheme.
- Claimed On: Social Media
- Fact Check: False and Misleading
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Introduction
AI-generated fake videos are proliferating on the Internet indeed becoming more common by the day. There is a use of sophisticated AI algorithms that help manipulate or generate multimedia content such as videos, audio, and images. As a result, it has become increasingly difficult to differentiate between genuine, altered, or fake content, and these AI-manipulated videos look realistic. A recent study has shown that 98% of deepfake-generated videos have adult content featuring young girls, women, and children, with India ranking 6th among the nations that suffer from misuse of deepfake technology. This practice has dangerous consequences and could harm an individual's reputation, and criminals could use this technology to create a false narrative about a candidate or a political party during elections.
The working of deepfake videos is based on algorithms that refine the fake content, and the generators are built and trained in such a way as to get the desired output. The process is repeated several times, allowing the generator to improve the content until it seems realistic, making it more flawless. Deepfake videos are created by specific approaches some of them are: -
- Lip syncing: This is the most common technique used in deepfake. Here, the voice recordings of the video, make it appear as to what was originally said by the person appearing in the video.
- Audio deepfake: For Audio-generated deepfake, a generative adversarial network (GAN) is used to colon a person’s voice, based on the vocal patterns and refine it till the desired output is generated.
- Deepfake has become so serious that the technology could be used by bad actors or by cyber-terrorist squads to set their Geo-political agendas. Looking at the present situation in the past few the number of cases has just doubled, targeting children, women and popular faces.
- Greater Risk: in the last few years the cases of deep fake have risen. by the end of the year 2022, the number of cases has risen to 96% against women and children according to a survey.
- Every 60 seconds, a deepfake pornographic video is created, now quicker and more affordable than ever, it takes less than 25 minutes and costs using just one clean face image.
- The connection to deepfakes is that people can become targets of "revenge porn" without the publisher having sexually explicit photographs or films of the victim. They may be made using any number of random pictures or images collected from the internet to obtain the same result. This means that almost everyone who has taken a selfie or shared a photograph of oneself online faces the possibility of a deepfake being constructed in their image.
Deepfake-related security concerns
As deepfakes proliferate, more people are realising that they can be used not only to create non-consensual porn but also as part of disinformation and fake news campaigns with the potential to sway elections and rekindle frozen or low-intensity conflicts.
Deepfakes have three security implications: at the international level, strategic deepfakes have the potential to destroy precarious peace; at the national level, deepfakes may be used to unduly influence elections, and the political process, or discredit opposition, which is a national security concern, and at the personal level, the scope for using Women suffer disproportionately from exposure to sexually explicit content as compared to males, and they are more frequently threatened.
Policy Consideration
Looking at the present situation where the cases of deepfake are on the rise against women and children, the policymakers need to be aware that deepfakes are utilized for a variety of valid objectives, including artistic and satirical works, which policymakers should be aware of. Therefore, simply banning deepfakes is not a way consistent with fundamental liberties. One conceivable legislative option is to require a content warning or disclaimer. Deepfake is an advanced technology and misuse of deepfake technology is a crime.
What are the existing rules to combat deepfakes?
It's worth noting that both the IT Act of 2000 and the IT Rules of 2021 require social media intermediaries to remove deep-fake videos or images as soon as feasible. Failure to follow these guidelines can result in up to three years in jail and a Rs 1 lakh fine. Rule 3(1)(b)(vii) requires social media intermediaries to guarantee that its users do not host content that impersonates another person, and Rule 3(2)(b) requires such content to be withdrawn within 24 hours of receiving a complaint. Furthermore, the government has stipulated that any post must be removed within 36 hours of being published online. Recently government has also issued an advisory to social media intermediaries to identify misinformation and deepfakes.
Conclusion
It is important to foster ethical and responsible consumption of technology. This can only be achieved by creating standards for both the creators and users, educating individuals about content limits, and providing information. Internet-based platforms should also devise techniques to deter the uploading of inappropriate information. We can reduce the negative and misleading impacts of deepfakes by collaborating and ensuring technology can be used in a better manner.
References
- https://timesofindia.indiatimes.com/life-style/parenting/moments/how-social-media-scandals-like-deepfake-impact-minors-and-students-mental-health/articleshow/105168380.cms?from=mdr
- https://www.aa.com.tr/en/science-technology/deepfake-technology-putting-children-at-risk-say-experts/2980880
- https://wiisglobal.org/deepfakes-as-a-security-issue-why-gender-matters/

Introduction
The Department of Telecommunications on 28th October 2024 notified an amendment to the Flight and Maritime Connectivity Rules, 2018 (FMCR 2018).
Rule 9 of the principle rules in FMCR 2018 stated:
“Restrictions–(1) The IFMC service provider shall provide the operation of mobile communication services in aircraft at minimum height of 3000 meters in Indian airspace to avoid interference with terrestrial mobile networks. (2) Internet services through Wi-Fi in aircraft shall be made available when electronic devices are permitted to be used only in airplane mode.”
In 2022, an amendment was made to the attached form in the Rules for obtaining authorisation to provide IFMC services.
Subsequently, the 2024 amendment substitutes sub-rule (2), namely :
“ (2) Notwithstanding the minimum height in Indian airspace referred to in sub-rule (1), internet services through Wi-Fi in aircraft shall be made available when electronic devices are permitted to be used in the aircraft.”
Highlights of the Amendment
These rules govern the use of Wi-Fi in airplanes and ships within or above India or Indian territorial waters through In Flight and Maritime Connectivity (IFMC) services provided by IFMC service providers responsible for establishing and maintaining them.
Airplanes are equipped with antennas, onboard servers, and routers to connect to signals received from ground towers via Direct Air-to-Ground Communications (DA2GC) or through satellites. The DA2GC system offers connectivity through various communication methods, supporting services like in-flight Internet access and mobile multimedia. Licensed In-Flight Mobile Connectivity (IFMC) providers must adhere to standards set by international organizations such as the International Telecommunications Union (ITU), the European Telecommunications Standards Institute (ETSI), and the Institute of Electrical and Electronics Engineers (IEEE), or by international forums like the 3rd Generation Partnership Project (3GPP) to offer In-Flight Connectivity. Providers using Indian or foreign satellite systems must obtain approval from the Department of Space.
The IFMC service provider must operate mobile communication services on aircrafts at a minimum altitude of 3,000 meters within Indian airspace to prevent interference with terrestrial mobile networks. However, Wi-Fi access can be enabled at any point during the flight when device use is permitted, not just after reaching 3,000 meters. This flexibility is intended to allow passengers to connect to Wi-Fi earlier in the flight. This amendment aims to ensure that passengers can access the internet while maintaining the safety standards critical to in-flight communication systems.
Implications
- Increased Data Security Needs: There will be a need for robust cybersecurity measures against potential threats and data breaches.
- Increased Costs: Airplanes will have to incur the initial costs for installing antennae. Since airfare pricing in India is market-driven and largely unregulated, these costing changes might find their way into ticket prices, making flight tickets more expensive.
- Interference Management: A framework regarding the conditions under which Wi-FI must be switched off to avoid interference with terrestrial communication systems can be determined by stakeholders and communicated to passengers.
- Enhanced Connectivity Infrastructure: Airlines may need to invest in better flight-connectivity infrastructure to handle increased network traffic as more passengers access Wi-fi at lower altitudes and for longer durations.
Conclusion
The Flight and Maritime Connectivity (Amendment) Rules, 2024, enhance passenger convenience and align India with global standards for in-flight connectivity while complying with international safety protocols. Access to the internet during flights and at sea provides valuable real-time information, enhances safety, and offers access to health support during aviation and maritime operations. However, new challenges including the need for robust cybersecurity measures, cost implications for airlines and passengers, and management of interference with terrestrial networks will have to be addressed through a collaborative approach between airlines, IFMC providers, and regulatory authorities.
Sources
- https://dot.gov.in/sites/default/files/2018_12_17%20AS%20IFMC_2.pdf?download=1
- https://dot.gov.in/sites/default/files/Amendment%20dated%2004112024%20in%20flight%20and%20maritime%20connectivity%20rules%202018%20to%20IFMC%20Service%20Provider.pdf
- https://www.t-mobile.com/dialed-in/wireless/how-does-airplane-wifi-work
- https://tec.gov.in/public/pdf/Studypaper/DA2GC_Paper%2008-10-2020%20v2.pdf
- https://www.indiatoday.in/india/story/wifi-use-flights-no-longer-linked-altitude-now-subject-permission-2628118-2024-11-05
- https://pib.gov.in/Pressreleaseshare.aspx?PRID=1843408#:~:text=With%20the%20repeal%20of%20Air,issue%20directions%20to%20such%20airline.

Recent Incidents:
Recent reports are revealing a significant security threat linked to a new infostealer based malware campaign known to solely target gaming accounts. This attack has affected users of Activision and other gaming websites. The sophisticated software has captured millions of login credentials, notably from the cheats and players. The officials at Activision Blizzard, an American video game holding company, are still investigating the matter and collaborating with cheated developers to minimize the impact and inform the accounts’ residents of appropriate safety measures.
Overview:
Infostealer, also known as information stealer, is a type of malware designed in the form of a Trojan virus for stealing private data from the infected system. It can have a variety of incarnations and collect user data of various types such as browser history, passwords, credit card numbers, and login details and credentials to social media, gaming platforms, bank accounts, and other websites. Bad actors use the log obtained as a result of the collection of personal records to access the victim’s financial accounts, appropriate the victim’s online identity, and perform fraudulent actions on behalf of the victim.
Modus Operandi:
- Infostealer is a malicious program created to illegally obtain people's login details, like usernames and passwords. Its goal is to enable cyberattacks, sell on dark web markets, or pursue malicious aims.
- This malware targets both personal devices and corporate systems. It spreads through methods like phishing emails, harmful websites, and infected public sites.
- Once inside a device, Infostealer secretly gathers sensitive data like passwords, account details, and personal information. It's designed to infiltrate systems being undetected. The stolen credentials are compiled into datalogs. These logs are then sold illegally on dark web marketplaces for profit.
Analysis:


Basic properties:
- MD5: 06f53d457c530635b34aef0f04c59c7d
- SHA-1: 7e30c3aee2e4398ddd860d962e787e1261be38fb
- SHA-256: aeecc65ac8f0f6e10e95a898b60b43bf6ba9e2c0f92161956b1725d68482721d
- Vhash: 145076655d155515755az4e?z4
- Authentihash: 65b5ecd5bca01a9a4bf60ea4b88727e9e0c16b502221d5565ae8113f9ad2f878
- Imphash: f4a69846ab44cc1bedeea23e3b680256
- Rich PE header hash: ba3da6e3c461234831bf6d4a6d8c8bff
- SSDEEP: 6144:YcdXHqXTdlR/YXA6eV3E9MsnhMuO7ZStApGJiZcX8aVEKn3js7/FQAMyzSzdyBk8:YIKXd/UgGXS5U+SzdjTnE3V
- TLSH:T1E1B4CF8E679653EAC472823DCC232595E364FB009267875AC25702D3EFBB3D56C29F90
- File type: Win32 DLL executable windows win32 pepe dll
- Magic: PE32+ executable (DLL) (GUI) x86-64, for MS Windows
- File size: 483.50 KB (495104 bytes)
Additional Hash Files:
- 160389696ed7f37f164f1947eda00830
- 229a758e232aeb49196c862655797e12
- 23e4ac5e7db3d5a898ea32d27e8b7661
- 3440cced6ec7ab38c6892a17fd368cf8
- 36d7da7306241979b17ca14a6c060b92
- 38d2264ff74123f3113f8617fabc49f6
- 3c5c693ba9b161fa1c1c67390ff22c96
- 3e0fe537124e6154233aec156652a675
- 4571090142554923f9a248cb9716a1ae
- 4e63f63074eb85e722b7795ec78aeaa3
- 63dd2d927adce034879b114d209b23de
- 642aa70b188eb7e76273130246419f1d
- 6ab9c636fb721e00b00098b476c49d19
- 71b4de8b5a1c5a973d8c23a20469d4ec
- 736ce04f4c8f92bda327c69bb55ed2fc
- 7acfddc5dfd745cc310e6919513a4158
- 7d96d4b8548693077f79bc18b0f9ef21
- 8737c4dc92bd72805b8eaf9f0ddcc696
- 9b9ff0d65523923a70acc5b24de1921f
- 9f7c1fffd565cb475bbe963aafab77ff
Indicators of Compromise:
- Unusual Outbound Network Traffic: An increase in odd or questionable outbound network traffic may be a sign that infostealer malware has accessed more data.
- Anomalies in Privileged User Account Activity: Unusual behavior or illegal access are two examples of irregular actions that might indicate a breach in privileged user accounts.
- Suspicious Registry or System File Changes: Infostealer malware may be trying to alter system settings if there are any unexpected changes to system files, registry settings, or configurations.
- Unusual DNS queries: When communicating with command and control servers or rerouting traffic, infostealer malware may produce strange DNS queries.
- Unexpected System Patching: Unexpected or unauthorized system patching by unidentified parties may indicate that infostealer malware has compromised the system and is trying to hide its footprint or become persistent.
- Phishing emails and social engineering attempts: It is a popular strategy employed by cybercriminals to get confidential data or implant malicious software. To avoid compromise, it is crucial to be wary of dubious communications and attempts of social engineering.
Recommendations:
- Be Vigilant: In today's digital world, many cybercrimes threaten online safety, Phishing tricks, fake web pages, and bad links pose real dangers. Carefully check email sources. Examine websites closely. Use top security programs. Follow safe browsing rules. Update software often. Share safety tips. These steps reduce risks. They help keep your online presence secure.
- Regular use of Anti-Virus Software to detect the threats: Antivirus tools are vital for finding and stopping cyber threats. These programs use signature detection and behavior analysis to identify known malicious code and suspicious activities. Updating virus definitions and software-patches regularly, improves their ability to detect new threats. This helps maintain system security and data integrity.
- Provide security related training to the employees and common employees: One should learn Cybersecurity and the best practices in order to keep the office safe. Common workers will get lessons on spotting risks and responding well, creating an environment of caution.
- Keep changing passwords: Passwords should be changed frequently for better security. Rotating passwords often makes it harder for cyber criminals to compromise and make it happen or confidential data to be stolen. This practice keeps intruders out and shields sensitive intel.
Conclusion:
To conclude, to reduce the impact and including the safety measures, further investigations and collaboration are already in the pipeline regarding the recent malicious software that takes advantage of gamers and has stated that about millions of credentials users have been compromised. To protect sensitive data, continued usage of antivirus software, use of trusted materials and password changes are the key elements. The ways to decrease risks and safely protect sensitive information are to develop improved Cybersecurity methods such as multi-factor authentication and the conduct of security audits frequently. Be safe and be vigilant.
Reference:
- https://techcrunch.com/2024/03/28/activision-says-its-investigating-password-stealing-malware-targeting-game-players/
- https://www.bleepingcomputer.com/news/security/activision-enable-2fa-to-secure-accounts-recently-stolen-by-malware/
- https://cyber.vumetric.com/security-news/2024/03/29/activision-enable-2fa-to-secure-accounts-recently-stolen-by-malware/
- https://www.virustotal.com/
- https://otx.alienvault.com/