Mastercard strengthens small businesses in cybersecurity


As smaller businesses continue to navigate the pandemic, the prevalence of cyberattacks as a threat have grown significantly.  

The latest release from Mastercard detailed that 67 per cent of small businesses have experienced a cyberattack, according to 2019 Keeper Security survey. Furthermore, COVID-19 has heightened the problem with the FBI reporting that cybercrime reports have quadrupled during the pandemic.

In order to combat the issue, the card company has created the Mastercard Trust Center — to help small businesses defend their most important assets – their business and their reputation, through free online access to trusted cybersecurity research, education, resources and tools.

Outlining the ambitions of the launch, Mastercard detailed: “Our Cyber & Intelligence team has been working with small businesses for years, and the Trust Center is the culmination of such work and partnerships. Each business has unique needs, so the Trust Center provides a tailor-made approach, whether entrepreneurs are starting to learn about cybersecurity, expanding their knowledge or mastering cyber. No matter where they are on their cybersecurity journey, we have the tools and solutions to help.

“It’s our mission to bring the Mastercard Trust Center to every small business, everywhere, enabling owners to feel more secure and better equipped to thrive against uncertainties.”