Mastercard acquires threat intelligence firm Recorded Future for $2.65B to enhance cybersecurity capabilities.

Mastercard will acquire Recorded Future, a leading threat intelligence firm, for $2.65 billion, enhancing its cybersecurity capabilities for merchants and financial institutions. This move aims to bolster defenses against rising cyber threats, utilizing AI to analyze data for threat identification. The acquisition, pending regulatory approval, is expected to close by Q1 2025 and will expand Mastercard's existing fraud prevention services while providing growth opportunities for Recorded Future.

September 12, 2024
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