Mastercard bets on Artificial Intelligence to protect the digital ecosystem

The financial services company Mastercard based on Purchase has presented a new solution to the banking sector, called Cyber ​​Secure, a set of tools powered by Artificial Intelligence that aims to offer banks an optimal assessment of cyber risk throughout their ecosystem and prevent possible infractions.

The capabilities of the tools not only allow a survey of the ecosystem but also identify and prioritize threats and vulnerabilities throughout their cyber environment, so acquiring banks can help merchants understand their own cyber risk, avoiding hundreds of millions of dollars in potential fraud.

“Today’s world is facing a $ 5.2 trillion problem from cyber breach. This is one of the biggest threats to consumer confidence. At Mastercard, our goal is to stay ahead of scammers and continually evolve to improve protection from cyber environments for our banking and business customers,”noted Ajay Bhalla, President of Cybernetics and Intelligence Department at Mastercard.

Bhalla also added that with Cyber ​​Secure “we offer a set of cyber capabilities powered by AI that allows us to do just that, ensuring the confidence of each experience, both for companies and consumers.”

Over time, Mastercard has made clear the importance of maintaining and nurturing key cybersecurity strategies to secure the ecosystem, protect cyber environments, define standards and collaborate across industries.

K.Villarroel

Source: bancaynegocios