Okay, deep breath, let's get this over with. In the grand act of digital self-sabotage, we've littered this site with cookies. Yep, we did that. Why? So your highness can have a 'premium' experience or whatever. These traitorous cookies hide in your browser, eagerly waiting to welcome you back like a guilty dog that's just chewed your favorite shoe. And, if that's not enough, they also tattle on which parts of our sad little corner of the web you obsess over. Feels dirty, doesn't it?
Mastercard’s $2.6 Billion Bet: Can Cybersecurity and AI Save Your Wallet?
Mastercard is set to acquire Recorded Future for $2.6 billion, enhancing its cybersecurity services with the world’s largest threat intelligence company. This move aims to bolster Mastercard’s AI-driven fraud prevention and reinforce its brand as a cybersecurity leader.
Hot Take:
Mastercard just dropped $2.6 billion on Recorded Future, proving once again that their motto is “Priceless Security.” After all, what’s a few billion when you’re trying to outsmart cybercriminals with AI and a dash of corporate synergy?
Key Points:
- Mastercard acquired Recorded Future for $2.6 billion to enhance its cybersecurity capabilities.
- Recorded Future will remain an independent subsidiary, continuing its mission with Mastercard’s backing.
- The acquisition will further integrate AI to identify and prevent fraud more effectively.
- Mastercard has a history of cybersecurity acquisitions, including CipherTrace, Ekata, RiskRecon, and Ethoca.
- Only a handful of cybersecurity M&A deals this year have topped the $1 billion mark.
Already a member? Log in here