PayPal has acquired Israeli cybersecurity firm CyActive, that can predict future malware.
Founded in 2013, CyActive is a cybersecurity company that uses predictive analytics to protect against malware.
“Our goal is to extend our global security leadership, and bolster our efforts in predictive threat detection and prevention,” said PayPal chief technology officer James Barrese in a blog post.
Financial details were not disclosed.
This is PayPal’s second acquisition in Israel, after it bought FraudSciences, which monitors financial fraud, in 2008 for $169 million.
