8.6 C
New York
Monday, March 20, 2023
Home News Mastercard announces first European Cyber Resilience Centre!

Mastercard announces first European Cyber Resilience Centre!

Mastercard yesterday announced it is developing its first European Cyber Resilience Centre, a state-of-the-art cyber and security center in Europe that will drive collaboration between both public and private sectors, as well as regulatory bodies to further support enterprise resilience in the region.

Located in Waterloo, Belgium at Mastercard’s European headquarters, the center is the first of its kind that the company has invested in outside of North America.

Related: Trillion $ companies? Visa and Mastercard likely joining the club of few

Javier Perez, president Europe at Mastercard, said: “Financial services will always be at the top of the target list for attackers due to the vast pool of customer data and credentials under our responsibility. Our European Cyber Resilience Centre improves collaboration amongst key organizations, helping to ensure businesses and individuals feel secure when sharing information online.”

The Cyber Resilience Centre will drastically shorten the lines of communication amongst internal Mastercard teams and externally with customers, partners and stakeholders.

Related: Mastercard in China? $27 Trillion market awaits!

“The security and privacy of our customers’ data is paramount. Fraudsters and hackers know no borders or nationalities, so threats can strike from every corner of the world. Only a joint effort that involves all parties will be able to place Europe on the frontline of enterprise resilience,” said Perez. “This new center will synchronize our global resources and partners to constantly seek and adopt the best practices for us and our customer network.”

Jan Cerny
Jan is an innovation enthusiast and Fintech news reporter. He specializes in news distribution, social media, and content analysis.

Recent posts

Challenger Banks: Disrupting the Status Quo in Retail Banking

In this blog, we will explore the state of retail banking, the different types of challenger banks, and the attractions of digital challenger banks.

Parker: The First Charge Card for E-commerce with Raised Limits

Parker, a fintech startup co-founded by Yacine Sibous and Milan Ray, has recently emerged from stealth with $157 million in equity and debt funding.

Credit Suisse Struggles to Keep Clients as Overhaul Continues

Credit Suisse Group AG won a $54bn lifeline on Thursday 16 March, giving it the chance to rebuild its business.

Swiss Regulators Step in to Reassure Markets Amid Credit Suisse Turmoil

The global financial markets were rattled on Wednesday following fresh fears about the viability of Credit Suisse.