Mastercard to acquire Recorded Future for $2.65B

Mastercard is set to acquire cybersecurity firm Recorded Future for $2.65bn, in a move aimed at enhancing the financial services company’s AI capabilities and identifying threats across its large customer base. Craig Vosburg, Chief Services Officer at Mastercard, said the acquisition would boost trust and “anticipate emerging threats before cyberattacks can take place”. Recorded Future will continue to operate as an independent subsidiary of Mastercard after the acquisition, which is expected to close by Q1 2025.