MasterCard is acquiring security startup RiskRecon for an undisclosed sum. The deal will allow MasterCard to offer third-party risk assessment capabilities. Financial terms were not disclosed, the two companies are expected to close the deal in the first quarter of 2020. MasterCard will now be able to offer customers a way to assess the risks that third-parties pose by leveraging the company’s artificial intelligence and data analytics capabilities, says Ajay Bhalla, the president of cyber and intelligence for MasterCard.”]
Source: https://www.cuinfosecurity.com/mastercard-inks-deal-for-startup-riskrecon-a-13546