Mastercard Opens European Cyber Resilience Centre in Belgium
May 30 2024 - 5:35AM
Business Wire
Breaking new ground in Europe, the hub will
contribute to further securing the commerce and payment ecosystem
in the region
Mastercard today announced the opening of its European Cyber
Resilience Centre (ECRC) at its European Headquarters reaffirming
the company’s commitment to combatting cyber threats and enhancing
resilience in the region. The new state-of-the-art centre will
sharpen defenses against cyber threats, speed up response times and
serve as a hub for thought leadership in cybersecurity, fostering
collaboration between the public and private sectors.
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the full release here:
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Mastercard European Cyber Resilience
Centre Opening in Waterloo, Belgium. (From left to right) Michael
Miebach, Chief Executive Officer, Mastercard, Mathieu Michel,
Belgian State Secretary for Digitalisation, Mark Barnett,
President, Mastercard Europe, Catherine De Bolle, Executive
Director, Europol. Photo by: Nicolas Peeters. (Photo: Business
Wire)
With continuous digitization and unprecedented levels of
connectivity, cybercrime presents a shared challenge across all
organizations. Fraudsters are using technology in more innovative
and sophisticated ways to try and harm consumers and businesses.
Cybercrime has turned into a global economy now estimated to be
worth trillions of euros.
To address this ever-evolving threat landscape, the ECRC brings
together partners from across the public and private sectors. By
leveraging its facilities and diverse talent pool, it facilitates
collaboration with national cyber intelligence centres, law
enforcement agencies, and industry bodies across Europe.
"In today’s hyperconnected world, cybercrime is evolving and so
are we. This centre 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. Afterall, the work to
ensure people can trust that they are safe online doesn’t stop at
our four walls — or our firewalls," said Michael Miebach, CEO,
Mastercard.
The Centre bolsters Mastercard’s ability to combat cyber threats
across the digital ecosystem and helps it protect, detect, and
respond to attacks. It fosters deeper connections with customers,
partners, and stakeholders and drives collaboration across the
region, enhancing resilience.
The Mastercard European Cyber Resilience Centre includes a
Fusion Centre, the heart of Mastercard’s organizational incident
response, and a Digital Forensics Lab in addition to
representatives from more than 20 teams - all crucial to running an
effective Resilience Centre.
"At Europol, we are strong believers that no single actor,
sector or nation, can face the threats of cybercriminals alone.
Each of us has a complementary role to play. By bringing together
all relevant actors, the European Cyber Resilience Centre has the
potential to bring excellence into our cross-sectoral
collaboration," said Catherine De Bolle, Executive Director,
Europol.
"It is with great pride that I am here today for the
inauguration of the Mastercard European Cyber Resilience Centre. I
am delighted that Belgium has been chosen to host this first centre
in Europe dedicated to cybersecurity for Mastercard, and even more
so because it will be established in the heart of Walloon Brabant.
We live in a world where cyber threats are omnipresent and
constantly evolving. Cyberattacks know no borders and affect all
sectors of our society, from the public to the private sector, from
critical infrastructures to ordinary citizens. It is therefore
imperative that we unite to meet these challenges with
determination and efficiency. This event marks a significant
milestone in our shared commitment to strengthening cybersecurity
in Europe and Belgium. The European Cyber Resilience Centre
represents a key initiative to promote collaboration between the
public and private sector, as well as regulatory bodies. By working
hand in hand, we can significantly improve our ability to prevent,
detect and respond to cyber threats," said Mathieu Michel,
Belgian Secretary of State for Digitalization.
The commitment to European security is reflective of
Mastercard's role in powering economies and empowering people. This
is underscored by its robust infrastructure, which facilitated the
protection of 143 billion transactions in 2023 alone. Upholding
high standards of privacy, data responsibility, and cybersecurity,
Mastercard continues to deliver seamless and secure transactions
while safeguarding customer information.
About Mastercard (NYSE: MA),
www.mastercard.com
Mastercard is a global technology company in the payments
industry. Our mission is to connect and power an inclusive, digital
economy that benefits everyone, everywhere by making transactions
safe, simple, smart and accessible. Using secure data and networks,
partnerships and passion, our innovations and solutions help
individuals, financial institutions, governments and businesses
realize their greatest potential. With connections across more than
210 countries and territories, we are building a sustainable world
that unlocks priceless possibilities for all.
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James Issokson, james.issokson@mastercard.com, 914-648-9971 Seth
Eisen, seth.eisen@mastercard.com, 914-249-3153
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