YES Bank Share Price in Focus; Data Breach on BookMyForex Cards Causes ₹7.63 Crore Loss

YES Bank claimed a data breach affecting its co branded BookMyForex multi currency cards, where fraudulent transactions were processed on behalf of thousands of customers. 

Scale of the Incident and Immediate Impact 

Between 03:30 IST and 08:30 IST on February 25, 2026, the bank identified fraudulent charges totalling $840,000, equivalent to ₹7.63 crore. The activity involved 5,000 cardholders and originated from a Latin American country identified as Brazil. A total of 688 unauthorised attempts were declined, protecting approximately $100,000 or around ₹9 crore of customer balances. 

Bank Response and Protective Measures 

YES Bank immediately restricted e‑commerce transactions from the identified country and blocked the affected card numbers. The bank is working with the card network to raise chargebacks and will issue complimentary replacement cards to impacted customers. 

Read More: YES Bank Targets 1% ROA by FY-End, Eyes Higher Profitability Next Fiscal! 

BookMyForex Statement and Customer Safeguards 

BookMyForex denied any breach of its own systems, stating that no customer data was compromised on its platform. The company confirmed that cards involved in the attempts have been proactively blocked and that customer funds remain safe. 

Underlying Causes and Risk Factors 

Most of the fraudulent attempts targeted cards that had been inactive for years, raising suspicion of compromised card details. The lack of two factor authentication for e‑commerce transactions in the originating country was highlighted as a contributing factor. 

Yes Bank Share Price Performance  

As of February 26, 2026, at 3:24 PM, Yes Bank share price on NSE was trading at ₹21.01 up by 1.40% from the previous closing price. 

Conclusion 

The breach resulted in a material loss of ₹7.63 crorefor YES Bank, prompting swift security actions and collaborative efforts with the card network to mitigate further risk. 

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