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flag Yes Bank suffered a $280K fraud on prepaid cards via compromised data from 15 Latin American merchants, mainly in Brazil, on Feb 24, 2026.

flag Yes Bank reported a $0.28 million fraud on its multi-currency prepaid forex cards linked to 15 merchants in a Latin American country, primarily Brazil, on February 24, 2026, during a window when two-factor authentication is not mandatory. flag The breach, involving compromised BINs and CVV data, affected about 5,000 customers, with ₹2.54 crore in fraudulent transactions approved and ₹90 lakh in unauthorized attempts blocked. flag The Reserve Bank of India has summoned Yes Bank executives to investigate cybersecurity failures, data storage practices, and third-party risk management. flag The bank is working with card networks to initiate chargebacks and has restricted e-commerce transactions from the country. flag BookMyForex denies storing sensitive card data and asserts its systems were not breached.

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