InfoSecBulletin Cybersecurity for mankind
Mastercard has completed its acquisition of Recorded Future, an AI-based threat intelligence provider. Mastercard has acquired the company for $2.65 billion to strengthen its security in the digital payments ecosystem.
Mastercard operates in over 200 countries, leading global efforts to enable digital economies for individuals, businesses, and governments.
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Mastercard provides secure and easy payment solutions through innovative technology, strategic partnerships, and a wide network.
This move highlights Mastercard’s commitment to improving cybersecurity and protecting digital interactions in a world facing rising cyber threats.
“With the rapid digitization of our lives, ensuring the security of every interaction and transaction is more critical than ever,” stated Johan Gerber, Executive Vice President of Security Solutions at Mastercard.
“By integrating Recorded Future’s advanced threat intelligence into our suite of cybersecurity services, identity solutions, and real-time fraud prevention tools, we can provide even greater support to our customers in combating evolving cyber risks.”
By using advanced technologies and data-driven insights, the company aims to make cybersecurity accessible to all businesses and build trust in the digital economy.
Adding Recorded Future to Mastercard’s portfolio supports its mission by providing actionable insights that improve existing products and make AI models more effective.
Mastercard’s integration of Recorded Future will enhance its ability to meet various customer needs with actionable analytics and advanced threat intelligence.
This collaboration enhances Mastercard’s cybersecurity services and gives businesses and governments effective tools to assess and reduce cyber risks.
