US EditionMastercard paying $2.65 billion for cybersecurity company that uses AI
- Mastercard is acquiring Recorded Future for $2.65 billion from Insight Partners, focusing on enhancing cybersecurity in the payment ecosystem.
- Craig Vosburg stated that this acquisition will improve security measures and innovation for payment transactions.
- Recorded Future's AI technology will strengthen Mastercard’s fraud prevention and cybersecurity services for merchants and financial institutions.
53 Articles
53 Articles
Payment giant Mastercard has announced a major acquisition in the field of cybersecurity. He will take over the US firm Recorded Future. It specializes in the analysis of cyber threats and uses modern artificial intelligence (AI) tools. The total value of the transaction amounts to USD 2.65 billion, or CZK 66.6 billion.
Insight Sells Cyber Firm to Mastercard for $2.65 billion
Mastercard said it would acquire cybersecurity firm Recorded Future from private equity and venture capital firm Insight Partners for $2.65 billion, a sizable gain for Insight which acquired the firm in 2019 for $780 million. Mastercard says Recorded Future analyzes data to provide “real time visibility into potential threats,” a service that will complement Mastercard’s existing
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