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International Business Times
International Business Times
Vidhya Ck

Mastercard Boosts Cyber Resilience By Acquiring Recorded Future For $2.65 Billion

Recorded Future has been collaborating with Mastercard since the beginning of this year. (Credit: Reuters)

Mastercard has signed a $2.65 billion deal with private equity firm Insight Partners to acquire Recorded Future, a leader in threat intelligence. The acquisition marks a significant step for Mastercard in leveraging generative AI technology to enhance security in the payment ecosystem.

Recorded Future has been supporting Mastercard with its AI-powered analytics to spot potential threats since the beginning of this year, Reuters reported.

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