Mastercard Acquires Recorded Future to Bolster Cyber Protections
MAMastercard(MA) PYMNTS.com·2024-09-12 23:23

Mastercard is spending 2.65billiontoacquirethreatintelligencecompany RecordedFuture.Thedeal, announced Thursday(Sept.12),bolsterstheinsightsandintelligenceusedtosecuretodaysdigitaleconomyinthepaymentsecosystemandbeyond,Mastercardsaid.AcompanynewsreleasedescribesRecordedFutureastheworldslargestthreatintelligencecompany,becomingpartofMastercardatatimewhencybercrimehasballoonedtoa2.65 billion to acquire threat intelligence company Recorded Future.The deal, announced Thursday (Sept. 12), “bolsters the insights and intelligence used to secure today’s digital economy – in the payments ecosystem and beyond,” Mastercard said.A company news release describes Recorded Future as “the world’s largest threat intelligence company,” becoming part of Mastercard at a time when cybercrime has ballooned to a 9.2 trillion global problem.“Trust is the foundation of any relati ...