Mastercard Acquires Cybersecurity Firm Recorded Future for $2.65 Billion

The acquisition aims to enhance Mastercard's threat intelligence and fraud prevention capabilities using advanced AI technologies.

Mastercard's purchase of Recorded Future is expected to close by Q1 2025, pending regulatory approval.
Recorded Future specializes in real-time threat intelligence and has over 1,900 clients, including governments and Fortune 500 companies.
The acquisition will bolster Mastercard's cybersecurity services, leveraging AI to analyze vast data sets for potential threats.
Mastercard has invested over $7 billion in digital security over the past five years, with Recorded Future being its largest recent purchase.
The deal builds on an existing partnership between the two companies that has already doubled the effectiveness of Mastercard's fraud detection systems.