Mastercard Boosts Cybersecurity With $2.65B Recorded Future Acquisition
Thursday, September 19, 2024
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Posted by: Sierra Lindemann
Mastercard is set to acquire global threat intelligence leader Recorded Future for $2.65 billion, expanding its cybersecurity services for merchants and financial institutions. As cybercrime costs are projected to reach $9.2 trillion in 2024, this acquisition positions Mastercard to better anticipate and mitigate emerging threats across the payments ecosystem and beyond.