Mastercard Acquires Baffin Bay Networks

The amount of the deal was not disclosed. The acquisition of Baffin Bay Networks enhances multi-layered protection against cyber risk. Baffin Bay Networks provides a cloud-based solution that uses the latest in AI technology to automatically filter and counteract malicious internet traffic. It has a proven track record of mitigating or preventing costly and potentially catastrophic breach cyber events.Mastercard will integrate the solutions into a single cyber service available to all its customers across the world. Its existing RiskRecon data analytics enables organizations to identify vulnerabilities in advance. Customers will now benefit from Baffin Bay’s automated Threat Protection service, which helps to stop attackers from penetrating or taking down cyber systems.20/03/2023