Mastercard Completes Acquisition of Cybersecurity Firm Recorded Future for $2.6 Billion
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Mastercard (NYSE: MA) has officially finalized the acquisition of Recorded Future, a leading provider of AI-driven threat intelligence.
Mastercard Operating in over 200 countries and territories worldwide, Mastercard is a global leader in enabling digital economies that empower individuals, businesses, and governments.
Last September, Mastercard announced a significant expansion of its cybersecurity services through an agreement to acquire Recorded Future, a leading global threat intelligence company.
The acquisition, valued at $2.65 billion, aims to enhance Mastercard’s ability to secure the digital economy, particularly within the payments ecosystem.
Through its innovative technology, strategic partnerships, and extensive network, Mastercard delivers secure, seamless, and smart payment solutions.
This strategic move underscores Mastercard’s commitment to enhancing cybersecurity and safeguarding digital interactions amid the growing challenges of cyber threats in an increasingly digital world.
“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.”
Mastercard has long emphasized the importance of creating a secure and trustworthy payment ecosystem.
By leveraging AI-driven innovations and advanced technologies, the company aims to democratize cybersecurity, empowering businesses and fostering trust in a digitally connected economy.
The addition of Recorded Future to Mastercard’s portfolio aligns with this mission by offering actionable insights and intelligence that enhance current products and services while making AI models more effective.
The integration of Recorded Future will enable Mastercard to cater to a diverse range of customer needs, providing actionable analytics and cutting-edge threat intelligence.
This collaboration not only strengthens Mastercard’s cybersecurity service offerings but also provides businesses and governments with robust tools to better assess and mitigate cyber risks.
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