Mastercard Announces Plan to Purchase RiskRecon

The acquisition is expected to close in the first quarter of 2020.

Dark Reading Staff, Dark Reading

December 23, 2019

1 Min Read

Mastercard has announced that it will purchase RiskRecon, a company that builds security products and services on an artificial intelligence and data analytics platform.

In the statement announcing the planned acquisition, Mastercard said that it will use RiskRecon's technology to complement its existing technology to protect financial institutions, merchants, and governments.

Financial terms were not disclosed for the purchase agreement, which is expected to close in the first quarter of 2020.

For more, read here.

Edgepromohorizontal.jpgCheck out The Edge, Dark Reading's new section for features, threat data, and in-depth perspectives. Today's top story: "SIM Swapping Attacks: What They Are & How to Stop Them."

About the Author(s)

Dark Reading Staff

Dark Reading

Dark Reading is a leading cybersecurity media site.

Keep up with the latest cybersecurity threats, newly discovered vulnerabilities, data breach information, and emerging trends. Delivered daily or weekly right to your email inbox.

You May Also Like

More Insights