Skip to main content
See every side of every news story
Published • loading... • Updated

Yes Bank Denies $3.4 Million Cyber Fraud Loss, Calls Report Factually Incorrect

Summary by Moneycontrol
"YES BANK remains committed to upholding the highest standards of banking security, operational integrity and customer trust," the bank said in its statement.

8 Articles

Not to forget that SBI admitted that 3,897 customers' bank accounts were hacked due to a cyber attack, another cyber attack has hit the domestic banking sector.

Yes Bank has denied a report claiming it lost approximately $3.4 million in a cyber fraud involving government accounts. The bank clarified that its systems are completely secure and it has not suffered any financial losses. The bank has dismissed a report by The Banker (a publication of the Financial Times Group) titled, "India on high alert after alleged $3.4 million cyber loss at Yes Bank." Several reports also stated that the incident occurr…

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Right
100% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Moneycontrol broke the news in Mumbai, India on Friday, November 13, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal