{"id":238441,"date":"2026-06-29T03:56:00","date_gmt":"2026-06-29T07:56:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/29\/mastercard-opens-african-cybersecurity-hub\/"},"modified":"2026-06-29T04:00:10","modified_gmt":"2026-06-29T08:00:10","slug":"mastercard-opens-african-cybersecurity-hub","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/29\/mastercard-opens-african-cybersecurity-hub\/","title":{"rendered":"Mastercard opens African cybersecurity hub"},"content":{"rendered":"

Mastercard opens African cybersecurity hub<\/a><\/p>\n

https:\/\/techcentral.co.za\/mastercard-opens-african-cybersecurity-hub\/283099\/<\/a><\/p>\n

Publish Date: 2026-06-29 03:56:00<\/a><\/p>\n

Source Domain: techcentral.co.za<\/a><\/p>\n

Author: <\/a><\/p>\n

Using an unordered list, summarize the following article with between 4 and 8 key points. <\/p>\n

Mastercard has launched an Africa Cybersecurity Centre of Excellence, a pan-African initiative it said will help financial institutions, government bodies and businesses share threat intelligence and shore up their defences.
\nA phased roll-out will start this year in South Africa and Nigeria.
\nThe announcement was timed to a visit to both countries by Mastercard CEO Michael Miebach and carried endorsements from President Cyril Ramaphosa and Nigerian President Bola Tinubu. Mastercard tied the initiative to commitments made to the South African government during the G20 meetings in Johannesburg last year and to recent talks in Abuja.
\nIts first-year offering centres on a cyber-risk analysis covering up to 50 organisations
\nDetail on the centre itself is thin. Mastercard described a virtual hub \u201cdelivered through connected digital platforms\u201d rather than a physical facility, with no rand value, no named local partners and no staffing figures attached.
\nIts first-year offering centres on a cyber-risk analysis covering up to 50 organisations and an Africa-focused threat-intelligence feed from Recorded Future \u2013 a US$2.65-billion threat intelligence firm Mastercard bought in December 2024. Collaboration among security chiefs, joint exercises and resilience assessments make up the rest.
\nProving ground
\nThe centre is another step in Mastercard\u2019s expansion from a card payments network into security and intelligence services \u2013 capabilities it increasingly sells alongside the transactions it already processes, with one of the world\u2019s fastest-growing digital economies as the proving ground.
\nMastercard said it has invested more than $12.6-billion in cybersecurity since 2018, a figure it did not break down.
\nRead: Mastercard to acquire BVNK in stablecoin push
\nOn the threat picture, Mastercard said South Africa is the continent\u2019s most-targeted market, accounting for about 29% of ransomware attacks and 40% of phishing incidents in Africa, with only an estimated 35% of incidents reported. It put Africa\u2019s digital economy on course to reach $1.5-trillion by 2030.<\/p>\n

Interpol\u2019s 2025 Africa Cyberthreat Assessment, drawing on Trend Micro figures, recorded more ransomware detections in South Africa than any other African country \u2013 17\u00a0849, ahead of Egypt\u2019s 12\u00a0281 \u2013 and found phishing made up about a third of reported incidents continent-wide. Interpol estimated cumulative cybercrime losses across Africa topped $3-billion between 2019 and 2025.
\nFor Mastercard, the argument is that trust underpins digital growth. It also, increasingly, sells trust.\u00a0 \u2013 \u00a9 2026 NewsCentral Media<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Mastercard opens African cybersecurity hub https:\/\/techcentral.co.za\/mastercard-opens-african-cybersecurity-hub\/283099\/ Publish Date: 2026-06-29 03:56:00 Source Domain: techcentral.co.za Author: Using…<\/p>\n","protected":false},"author":1,"featured_media":238442,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/techcentral.co.za\/wp-content\/uploads\/2026\/03\/re-mastercard-1500-800.jpg","fifu_image_alt":"","footnotes":""},"categories":[15],"tags":[24,25],"class_list":["post-238441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity","tag-cybersecurity","tag-phishing"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/238441"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=238441"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/238441\/revisions"}],"predecessor-version":[{"id":238443,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/238441\/revisions\/238443"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/238442"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=238441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=238441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=238441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}