Mastercard Launches AI-Powered Cyber Security Solution

Mastercard has officially launched Cyber Secure – an AI-powered range of tools that are expected to help banks prevent potential breaches. According to the financial services company, banks can use these capabilities to identify and prioritize threats and vulnerabilities throughout their cyber environment. Additionally, acquiring banks can help merchants understand their own cyber risk, preventing hundreds of millions of dollars in potential fraud. As the digital economy expands, both in size and complexity, so too do its points of vulnerability that may be subject to attack. One example of this is the rapidly advancing Internet of Things – 2.5 quintillion bytes of data are generated by people and their devices every day, with 90% of this generated in the last two years alone. It is estima...