Mastercard Launches Cybersecurity Deal With Cloudflare

Mastercard has formed a cybersecurity partnership with connectivity cloud company Cloudflare.

The collaboration, announced Tuesday (Feb. 17), is designed to help small businesses, governments and critical infrastructure against cyberthreats without sacrificing innovation, by combining attack surface monitoring capabilities from Mastercard’s Recorded Future and RiskRecon with Cloudflare’s Application Security portfolio.

We’d love to be your preferred source for news.

Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

“Emerging technologies and tools pose opportunities for organizations to innovate at speed and find creative ways to scale their businesses,” the companies said in a new release emailed to PYMNTS. “But as new vendors, outsourced services, shadow IT, and legacy systems are layered into business environments, the attack surface becomes unknown, and security teams are often left in the dark. This presents a potential visibility gap that could allow threat actors to gain the upper hand. Organizations now require cyber defense that allows them to innovate as fast as they want, with the necessary safeguards in place to protect critical information.”

According to the release, the collaboration will let users monitor their digital presence by discovering any internet-facing domains or software stacks running on the web through Recorded Future. Once unprotected assets are spotted, organizations will be able to immediately extend Cloudflare’s Application Security Portfolio to secure these shadow assets.

In addition, Recorded Future can give companies an “A-F” security grade based on a series of checks of security controls related to software vulnerabilities, authentication weaknesses, exposed infrastructure, and third-party risks.

“With small businesses accounting for about half of the world’s GDP, closing the resilience gap is critical to securing the…

Source