Mastercard splurges $2.65B on another big cyber purchase – Recorded Future

Mastercard will acquire threat intelligence provider Recorded Future for $2.65B, aiming to combine its identity, fraud prevention, and cybersecurity services with Recorded Future’s AI-driven intelligence to enhance fraud detection and digital trust; the firms already collaborate on AI-based fraud identification, and the acquisition—subject to regulatory approval—is targeted to close by Q1 2025.