Mastercard Taps Security Expert To Head Up Cybersecurity Solutions

Mastercard announced today that Simon Hunt, a cybersecurity expert, has joined the company as executive vice president to head the cybersecurity solutions unit. In a press release, the payment company said Hunt’s role will increase Mastercard security capabilities for its credit cardholders, customers, merchant and other stakeholders. The move comes as the threat of cybercrime grows.

According to Mastercard, cybercrime is forecasted to double over the next five years reaching $6 trillion by 2021. Though a cyberattack will hurt the

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