Announcing the acquisition of cyber security company Recorded Future by Mastercard, valued at 2,650 million dollars, as a strategic move from Insight Partners, the current owners.
Recorded Future is a tech company specializing in threat intelligence and risk assessment using AI, serving over 1,900 clients in 75 countries, including government agencies and Fortune 100 companies.
Mastercard intends to leverage Recorded Future’s technology to enhance their payment security services, with plans to develop new offerings for increased client safety.
Source: Mastercard
TLDR: Mastercard acquires Recorded Future, a cyber security company, to integrate advanced technology into their payment security services for enhanced customer protection.
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