Mastercard is enhancing its cybersecurity efforts by purchasing Recorded Future for $2.65 billion from Insight Partners. Both companies leverage AI to analyze billions of data points, identifying cyber threats.
- Acquisition strengthens Mastercard’s digital defense across payments and beyond.
- Deal expected to close Q1 2024.
- Mastercard shares hit record highs, surpassing $490.
This move solidifies Mastercard’s position in the digital security landscape, emphasizing the growing need for robust cyber defense.
