Log in

RegulatoryMoneycontrol

Yes Bank denies $3.4m cyber fraud loss claim

Neutral0

GreyOak summary

Yes Bank strongly refuted a report by The Banker alleging a $3.4 million cyber fraud loss involving government accounts. The bank stated its systems were not compromised and no financial loss occurred. It has sought a retraction from the publication, calling the claims factually incorrect.

What it affects

  • Bank denies fraud loss and calls report incorrect.Rolling sentiment Negative -52

Source

Read the original at Moneycontrol

More Yes Bank news

All Yes Bank news →