Mastercard Canada’s cyber centre of excellence adds collaboration facility

Share post:

Mastercard has added an IT solutions testing and collaboration facility to its Vancouver, B.C.,-based Global Intelligence and Cyber Centre of Excellence. The Experience Centre will allow Canadian and international developers to work on security innovation in digital payments, Mastercard said in a statement today. “Rapid advancements in digital technology have changed the way we shop, pay, work and interact, but with increased convenience comes increased risk,” Mastercard Canada president Sasha Krstic said in a statement. “Building on the world-class innovations developed at our Centre of Excellence in Vancouver, this new Experience Centre offers a venue for much-needed industry collaboration to anticipate and neutralize ever-expanding cyber threats to our global digital economy.”

Related content: Mastercard Canada funds training program

The Centre of Excellence was announced in 2020. The company said research from the centre is enhancing Mastercard solutions. For example, it says biometric security algorithms created there are creating new approaches to enhancing online security. Mastercard says it has invested more than $6.3 million in strategic partnerships and knowledge-sharing across Canada’s entire tech ecosystem through the centre. These investments are designed to scale cyber and intelligence research and development and bring Canadian innovations to market fast, as well as to provide small businesses and entrepreneurs with the same cybersecurity tools and protection as larger enterprises. The post Mastercard Canada’s cyber centre of excellence adds collaboration facility first appeared on IT World Canada.
Howard Solomon
Howard Solomonhttps://www.itworldcanada.com
Currently a freelance writer, I'm the former editor of ITWorldCanada.com and Computing Canada. An IT journalist since 1997, I've written for several of ITWC's sister publications including ITBusiness.ca and Computer Dealer News. Before that I was a staff reporter at the Calgary Herald and the Brampton (Ont.) Daily Times.

Featured Tech Jobs

SUBSCRIBE NOW

Related articles

Cyber Security Today, Week in Review for Friday, December 8, 2023

This episode features discussion on cyber attacks against OT networks, the discovery of exposed servers with medical images and  why outdated Microsoft Exchange servers are s

Canadian mid-sized firms pay an average $1.13 million to ransomware gangs

Survey for Palo Alto Networks also shows fewer firms willing to pay da

Cyber Security Today, Dec. 8, 2023 – Ransomware is increasingly impacting OT systems, and more

This episode reports on how hackers break into AWS cloud instances, fake anti-Ukraine online ads  using photos of celebrities

Canadian privacy czars release principles for responsible development of AI

The principles remind AI developers they have to follow Canadian data pr

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways