Inside Mastercard's Push for Continuous Security

ronjor · Dec 3, 2019

By Kevin Townsend on December 03, 2019

Cybersecurity for a business model like Mastercard is complex. First, it has the fundamental need to protect its own networks. Second, however, it has a huge global franchise that must also be kept secure to maintain trust in the product.
Security for Mastercard's own infrastructure is led by Chief Information Security Officer (CISO) Ron Green. Security for the franchise ecosphere is handled separately by EVP for security and cyber innovation, Johan Gerber.
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guest · Dec 27, 2019

Mastercard Ups its Cybersecurity Game, Acquires RiskRecon
December 27, 2019
https://www.cisomag.com/mastercard-ups-its-cybersecurity-game-acquires-riskrecon/

In a quest to strengthen its cybersecurity front, Mastercard announced its agreement to acquire RiskRecon, an artificial intelligence and data analytics solutions provider that helps enhance the cybersecurity needs of its customers. The acquisition has been finalized for an undisclosed amount and is subject to standard approvals. The deal closure is expected to be completed by early 2020.

RiskRecon’s scanning and evaluation technologies can actively help in mitigating cyber risks, safeguard intellectual property and critical customer and payment data.

“Mastercard has been one of those brands that has stood out as a true innovator, focusing on the real problems of real businesses,” said White.
Ajay Bhalla, President of Cyber and Intelligence for Mastercard sounded equally ecstatic and said “The innovations from the talented team at RiskRecon will further accelerate our suite of cyber solutions designed to help financial institutions, merchants and governments secure their digital assets.
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Mastercard jumps into the risk-assessment race with RiskRecon acquisition

RiskRecon is one of several firms that collect publicly available data — such as what kind of web servers companies use and whether their protected information turns up on the dark web — to make cybersecurity assessments. Mastercard has an obvious financial interest in understanding which companies are more likely to be breached.
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Mastercard: Mastercard Acquires RiskRecon to Enhance Cybersecurity Capabilities

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Inside Mastercard's Push for Continuous Security

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