- Mastercard plans to acquire US-based threat intelligence platform Recorded Future for $2.65 billion.
- The deal, with Insight Partners (which acquired Recorded Future in 2019 for $780 million), is expected to close by Q1 2025, pending regulatory approval.
- The acquisition will enhance Mastercard’s identity, fraud prevention, real-time decisioning, and cybersecurity services, offering expanded threat intelligence capabilities.
- Recorded Future, founded in 2009, provides real-time cyber threat insights using AI to analyze data from the deep web, social media, and other sources.
- The platform serves over 1,900 clients across 75 countries, including 45 national governments.
- Mastercard’s Craig Vosburg says the acquisition enhances security measures before, during, and after transactions.
- Christopher Ahlberg, CEO of Recorded Future, says the acquisition will broaden the company’s intelligence strategy and scale its business.