Visa Inc. (NYSE:V) is one of the best high-volume stocks to invest in. On August 6, Visa announced the launch of its new global Cybersecurity Advisory Practice, which is designed to help clients proactively defend against emerging cyber threats. This new service will use Visa’s expertise and its investments in cybersecurity and infrastructure.
Over the past 5 years, the company has invested $12 billion in technology and infrastructure, which includes fraud prevention and cybersecurity measures. As part of this initiative, Visa has appointed Jeremiah Dewey as its new global head of cyber products. Dewey, who has over 2 decades of experience in managed security, incident response, and consulting, will lead the development of Visa’s cybersecurity products and strategic partnerships.
A close-up of a modern payments terminal with a pile of credit cards on the side.
The new practice will use Visa Consulting & Analytics’/VCA network of consultants and data scientists to offer services such as Payment Cybersecurity Institute training, Cybersecurity Maturity Assessments, and Enumeration Defense to detect and block attacks. The company also plans to introduce additional services like threat intelligence and vulnerability testing.
Visa Inc. (NYSE:V) is a payment technology company in the US and internationally.
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Disclosure: None. This article is originally published at Insider Monkey.