Mastercard buys cybersecurity analytics firm for $2.65 billion

Payment company MasterCard announced the acquisition on Thursday (12). The Future That Was Saved. Digital threat analysis and negotiation with cybersecurity company It included a payment of $2.65 billion – approximately R$ 15 billion in direct currency conversion.

Evaluating the Saved Future the world’s largest threat intelligence company It has more than 1,900 clients, including giants from various sectors and governments, in 75 countries. It was previously owned by venture capital fund Insight Partners.

Expectation is towards buying To be completed in the first quarter of 2025 without major problems. In the meantime, it will need to go through regulatory bodies and other bureaucratic steps in the industry.

What to expect from the partnership?

According to Mastercard, the Recorded Future team will be integrated into the new owner”allowing development of more robust applications And leads to greater synergy “In cybersecurity and intelligence”.

Greater visibility of the card and payment company can further increase its customer portfolio.

The company’s tools include real-time visibility while analyzing large amounts of data to mitigate risks and predict issues. It also uses artificial intelligence (AI) for fraud prevention, real-time decision-making, and identity verification.

By working with Mastercard before purchase, the time it takes to detect whether a card has been compromised has been cut in half.