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Cyber crooks are selling card credentials online for as little as £1, says RSA

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Hacked data can be very cheap

American computer security firm RSA has warned that cyber criminals are selling stolen credit cards for as little as 1 on the dark web.

The firm said crooks are on a "shopping spree" of their own and are looking to plunder people's financial credentials ahead of Black Friday.

It's just released new data on how hackers are stealing credit card credentials, and the cost for British credentials averages at around 9.

With this stolen financial information, fraudsters are able to make legitimate purchases online. In fact, they're spending up to 189 per transaction.

RSA's fraud and risk intelligence team spent a year analysing the dark web and other sources to get these statistics. They actively identify potential fraud campaigns.

The researchers calculated the average cost of credentials per country. In Ireland, this price is 7.63, and in the United States, it's currently 4.58.

Malta is one of the most expensive countries, with stolen credentials...(continued)

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