Singapore ranks second globally for stolen payment cards due to its highly digital economy: Study

Stolen Singapore payment cards were sold for US$13.19 on average, an increase of about 29 per cent from the US$10.20 in 2023. -- PHOTO: LIANHE ZAOBAO via The Straits Times/ANN

SINGAPORE (The Straits Times/ANN): Singapore ranks second among countries for stolen payment cards, after the US and ahead of Spain, a recent study showed.

However, this does not necessarily mean that Singaporeans are more vulnerable.