Mastercard acquires security assessment startup RiskRecon

Mastercard has agreed to buy AI and data analysis business RiskRecon.

In Brief:

• RiskRecon’s solutions are used to help companies protect their cyber infrastructure.

• The deal is set to close in early 2020.

• The relationship will help Mastercard enhance its cybersecurity capabilities.

What does this mean?

In addition to Mastercard safeguarding against cyber risk, the payments giant will help RiskRecon scale its solutions across new industries and geographies.

Read more here.