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05/31/2024

Mastercard Opens Center to Combat Cybercrime in Europe

PYMNTS

Mastercard has unveiled a center in Europe aimed at tackling cyber crime in the region.

The Europe Cyber Resilience Center (ECRC), announced Thursday (May 30), is designed to improve defenses against cyber-threats and act as a hub for “thought leadership in cybersecurity.”

“In today’s hyperconnected world, cybercrime is evolving and so are we,” said Michael Miebach, CEO of Mastercard. “This center will bring together the brightest minds from business, government and other sectors to stay ahead of threats and make the digital world as secure as possible. After all, the work to ensure people can trust that they are safe online doesn’t stop at our four walls — or our firewalls.”

To push back against these threats, the ECRC will work with partners from across the public and private sectors, including national cyber intelligence centers, law enforcement agencies and industry bodies across Europe.

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