How Mastercard Benefits From the $2.65B Recorded Future Deal

EVP Johan Gerber on How Threat Intelligence Can Prevent Fraud, Protect Payments Michael Novinson (MichaelNovinson) • September 19, 2024

Mastercard last week announced the purchase of threat intelligence powerhouse Recorded Future for $2.65 billion. Mastercard Executive Vice President Johan Gerber shared how the acquisition will help Mastercard secure digital transactions from account openings to transaction verification.

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The Boston-area threat intelligence firm will help New York-area Mastercard proactively combat cyberthreats within digital payments and see stolen identities and fraud before, during and after transactions, according to Gerber. Third-party risk is one of the biggest threats to the payments sector and by owning Recorded Future, Gerber said Mastercard can better manage cybersecurity across its ecosystem (see: Mastercard Buys Threat Intel Firm Recorded Future for $2.65B).

"If you think about what Recorded Future can do for us today, they collect intelligence, including things ...