“The Coalition to Reduce Cyber Risk (CR2) is calling for a global approach to cybersecurity risk management underpinned by interoperable frameworks," said Alexander Niejelow, President of the CR2 Board of Directors and Senior Vice President of Cybersecurity Coordination and Advocacy for Mastercard. "Our companies recognize that good cybersecurity risk management rests on a common security baseline of practices as well as a common taxonomy and lexicon. By recognizing this common core as a global standard, companies can more effectively reduce risk as we work across multiple economies and sectors."

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