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MasterCard unveiled SafetyNet, a global tool designed to reduce the risk of cyber hacking of banks and processors.
SafetyNet is designed to use the power of MasterCard’s global network, to identify potential attacks before they start and in some cases before the bank or processor is even aware. Leveraging a multi-layer defence we are working to ensure our partners stay one step ahead of large scale attacks, which use increasingly sophisticated ways to compromise account data and security defenses.