MasterCard cybersecurity enhances peace of mind

MasterCard plans to invest more than $20 million in cybersecurity-related technology enhancements to deliver greater peace of mind for MasterCard cardholders, merchants and issuing banks.  MasterCard’s Safety Net to be launched in the US this spring is designed to reduce the risk of fraud or cyber-attacks before issuers and processors might notice the threat. It provides an independent layer of security on top of the tools and policies of financial institutions, by monitoring and blocking specific transactions based on selected criteria. MasterCard Safety Net is designed to intervene only in extreme cases to block fraudulent activity. Read more here.

Leave a Reply