A wave of unauthorised transactions reported by customers using forex cards issued through a partnership between YES Bank and BookMyForex has triggered concerns of a potential data breach, raising fresh questions around cybersecurity preparedness in India’s growing digital payments ecosystem.
Over the past several days, multiple users have taken to social media and customer support channels to report suspicious international transactions on their prepaid travel cards. In many cases, cardholders claimed the transactions originated from overseas merchants despite their cards remaining physically in their possession.
While both institutions have initiated internal investigations, early indica
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