Mastercard Expands Cyber Defense With $2.65B Deal For Recorded Future - What's On The Cards?

Mastercard Incorporated (NYSE:MA) disclosed that it will acquire global threat intelligence company Recorded Future from Insight Partners for $2.65 billion.

This acquisition enhances Mastercard’s cybersecurity services, strengthening the insights and intelligence crucial for securing the digital economy, including the payments ecosystem.

Also Read: Mastercard Plans To Eliminate About 1,000 Jobs: Report

Recorded Future, which has more than 1,900 clients, offers real-time threat visibility by analyzing extensive data sources, helping customers mitigate risks.

Recorded Future’s use of AI and advanced technologies will enhance Mastercard’s identity, fraud prevention, decision-making, and cybersecurity services, expanding threat intelligence capabilities for merchants and ...