Security News > 2020 > November > Mastercard Cyber Secure helps banks assess cyber risk and prevent potential breaches

Mastercard announced Cyber Secure, an AI-powered suite of tools that allows banks to assess cyber risk across their ecosystem and prevent potential breaches.

Acquiring banks can help merchants understand their own cyber risk, preventing hundreds of millions of dollars in potential fraud.

"With Cyber Secure, we have a suite of AI-powered cyber capabilities that allows us to do just that, ensuring trust across every experience, for businesses and consumers," said Ajay Bhalla, president, Cyber & Intelligence, Mastercard.

Cyber Secure is a big step forward in the continuous quantifying and prioritizing of cyber vulnerabilities.

Cyber Secure forms a key part of Mastercard's multi-layered cyber security strategy to secure the ecosystem, protect cyber environments, define industry standards and collaborate across industries.

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