| Previous close | 1.8400 |
| Open | 3.0000 |
| Bid | N/A |
| Ask | N/A |
| Strike | N/A |
| Expiry date | N/A |
| Day's range | 1.8400 - 3.0000 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
BloombergMastercard to Buy Cyber-Defense Firm for $2.65 Billion
(Bloomberg) -- Mastercard Inc. agreed to buy cyber-defense firm Recorded Future for $2.65 billion to boost its ability to protect the card company’s massive global-payments system.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit Tops $1 Billion Through 2025NYC Transit Capital Upgrades Face $27 Billion Gap, DiNapoli Sa
ReutersMastercard bolsters threat intelligence capabilities with $2.65 billion deal for Recorded Future
The acquisition will bring expanded threat intelligence capabilities to the New York-based payments firm, which recorded $9 trillion in gross dollar volumes last year, a metric that represents the total dollar value of all transactions processed. The rapid adoption of new technologies has upped the risk of cyber threats, with companies increasingly facing hacking or ransomware attacks. With threat actors looking at new ways to exploit technology, Mastercard has been ramping up card fraud detection by using generative artificial intelligence technology.
Business WireMastercard Invests in Continued Defense of Global Digital Economy With Acquisition of Recorded Future
PURCHASE, N.Y., September 12, 2024--Mastercard expanded its cybersecurity services with an agreement to acquire global threat intelligence company Recorded Future for $2.65 billion.
