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2024 Thales Global Data Threat Report: Trends in Financial Services

Thales Cloud Protection & Licensing

2024 Thales Global Data Threat Report: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. Among these businesses, human error was cited as the leading cause of cloud-based data breaches at 41% (10 points higher than the global number).

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Making the Case for Encryption in the Era of Digital Transformation – Highlights from our Annual Data Threat Report

Thales Cloud Protection & Licensing

Around this time each year, Thales eSecurity releases our annual Data Threat Report (DTR). Now in its sixth year, the report is squarely focused on digital transformation and what that means for organizations and their data security. The importance of encryption cannot be overstated.

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How Encryption Became the Board’s New Best Friend

Thales Cloud Protection & Licensing

For many years, encryption has been viewed as a burden on businesses – expensive, complex and of questionable value. In just the past few years (and hundreds of high-profile breaches and £Trillions of economic damage later), cyber threats became impossible for the boardroom to ignore. Enter encryption.

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Thales 2023 Data Threat Report: Sovereignty, Transformation, and Global Challenges

Thales Cloud Protection & Licensing

Thales 2023 Data Threat Report: Sovereignty, Transformation, and Global Challenges madhav Tue, 05/09/2023 - 05:30 Despite the economic and geopolitical instability in 2022, enterprises continued to invest in their operations and digital transformation. This article highlights the key findings of the report.

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Only 17% of organizations encrypt at least half of their sensitive cloud data

SC Magazine

New research by Thales on security trends one year into the pandemic found that about 50% of businesses say that they store more than 40% of their data in external cloud environments, but only 17% have encrypted at least half of their sensitive data in the cloud.

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New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024

Thales Cloud Protection & Licensing

Encrypt "non-public" data both at rest and in motion or use effective alternative compensating controls for information at rest if approved by the CISO in writing. The feasibility of encryption and effectiveness of the compensating controls shall be reviewed by the CISO at least annually.

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Centralised, Scalable, Compliant: Keeping Your Data Safer with Enterprise Key Management

Thales Cloud Protection & Licensing

Centralised, Scalable, Compliant: Keeping Your Data Safer with Enterprise Key Management madhav Tue, 02/18/2025 - 04:50 The rise of multi-cloud environments, hybrid infrastructures, and stricter regulatory requirements has made cryptographic key management a major priority for enterprises around the world.