Friday, 13 September, 2024

Mastercard To Acquire Recorded Future For $2.65 Billion In Strategic Expansion

Mastercard is set to acquire cybersecurity intelligence firm Recorded Future, owned by Insight Partners, for $2.65 billion. The acquisition aligns with Mastercard's strategy to bolster its cybersecurity offerings & expand its data and analytics capabilities. Recorded Future specializes in threat intelligence, providing real-time insights into cyber threats. This move highlights the increasing importance of cybersecurity in financial services & Mastercard's commitment to enhancing its technology.