Reported 27 days ago
Mastercard has announced its acquisition of Recorded Future, a threat intelligence firm, from Insight Partners for $2.65 billion. This deal, expected to close by Q1 2025, aims to strengthen Mastercard's cybersecurity capabilities, especially amid rising cyber threats. The collaboration with Recorded Future, which utilizes AI for threat detection, has already improved the identification of compromised cards. This move aligns with Mastercard's strategy to expand its value-added services in cybersecurity.
Source: YAHOO