MasterCard is acquiring security startup RiskRecon for an undisclosed sum. 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. The deal is the fourth major security acquisition that MasterCard has made over the past several years that has allowed the financial services and payment firm to expand its cybersecurity offerings. In July 2017, MasterCard acquired software firm Brighterion to boost its AI capabilities.”]
Source: https://www.bankinfosecurity.com/mastercard-inks-deal-for-startup-riskrecon-a-13546