Singapore ranks as the world’s second-most targeted country for payment card scams, with 11% of all stolen payment card data traced back to Singaporeans, according to research by NordVPN.
The study found that U.S. users account for the largest share of stolen payment cards sold on the dark web (60%), followed by Singapore (11%) and Spain (10%).
NordVPN also reported that dark web prices for stolen payment card information have surged by up to five times, with the global average now around US$8 per card.
Across Asia, Japan’s cards command the highest average price at US$22.80, followed by Kazakhstan (US$16.87) and Thailand (US$15.08). The most expensive individual listings are from Japan, at around US$23.
In Oceania, New Zealand tops the region with an average of US$13.39 per card, followed by Australia at US$9.11. New Zealand also recorded the steepest price jump, rising more than 444%.
According to NordVPN, dark web pricing generally reflects supply and demand — with criminals willing to pay more for cards from countries where supply is limited and anti-fraud protections are stringent, such as Japan.
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