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Thales Expands CipherTrust Data Security Platform as-a-Service Offerings

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Thales Expands CipherTrust Data Security Platform as-a-Service Offerings
News

News

Thales Expands CipherTrust Data Security Platform as-a-Service Offerings

2024-11-19 16:02 Last Updated At:16:20

MEUDON, France--(BUSINESS WIRE)--Nov 19, 2024--

Thales, the leading global technology and security provider, today announces the availability of CipherTrust Transparent Encryption (CTE) through the CipherTrust Data Security Platform as-a-service. CTE is designed to provide transparent, high-performance encryption for complex environments without the need to modify applications or underlying infrastructure. In continuing to expand its cloud service offerings, Thales remains committed to providing customers with a choice in how they consume data security services to help achieve compliance and protect sensitive data wherever it resides.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241119483504/en/

CipherTrust Transparent Encryption helps customers meet compliance and best practice requirements for protecting data wherever it resides—across multiple clouds, on-premises, and container environments. Additionally, it offers,

The availability of CipherTrust Transparent Encryption via the CipherTrust Data Security Platform as-a-Service follows the launch of CipherTrust Cloud Key Management (CCKM) as-a-Service, which allows enterprises to secure, manage and control their encryption keys centrally across multiple public cloud and SaaS environments.

As more enterprises move applications and workloads to a wide range of cloud platforms, they face increased management complexity and a higher risk of threats and data breaches. On average, organizations use 84 SaaS applications. In addition, according to the 2024 Thales Cloud Security Study, more than half of IT professionals consider managing privacy and data protection regulations in multi-cloud/hybrid) environments more complex than on-premises.

With this new offering, Thales extends its existing SaaS-based key management service to help enterprises extend data encryption, protection, and access policies beyond on-premises solutions.

“With this new CipherTrust Data Security Platform capability, Thales offerscustomers an option to deploy and consume data security services in a variety of different waysto effectively future proof their data across multiple systems and environments. Organisations can enjoy seamless updates free of disruption, scale to meet business demands, close the skills gap for security expertise, and deploy data security more quickly and cost-effectively without the need to invest in additional hardware and software,” saidTodd Moore, Vice President of Data Security products at Thales.

CipherTrust Data Security Platform as-a-Service makes it easy for IT security teams to consume, deploy, and manage encryption and key management while lowering the cost of ownership, reducing deployment time, and helping enterprises address the growing shortage of skilled IT staff.

Customers can sign up for CipherTrust Data Security Platform as-a-Service offerings through the Thales Data Protection on Demand Marketplace, a cloud-based online marketplace that provides a range of data security services. Click here to learn more about CipherTrust Data Security Platform as-a-Service – or sign up for your free 30-day trial today.

About Thales

Thales (Euronext Paris: HO) is a global leader in advanced technologies specialized in three business domains: Defence & Security, Aeronautics & Space, and Cybersecurity & Digital identity.

It develops products and solutions that help make the world safer, greener and more inclusive.

The Group invests close to €4 billion a year in Research & Development, particularly in key innovation areas such as AI, cybersecurity, quantum technologies, cloud technologies and 6G.

Thales has close to 81,000 employees in 68 countries. In 2023, the Group generated sales of €18.4 billion.

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Stock market today: Asian shares gain after Wall St regains its stride

2024-11-19 16:16 Last Updated At:16:20

BANGKOK (AP) — Asian shares advanced Tuesday after most U.S. stocks ticked higher to recover some of their swoon from last week.

Oil prices fell and U.S. futures edged higher.

Tokyo's Nikkei 225 rose 0.5% to 38,414.43 and the Kospi in Seoul was up 0.1% to 2,471.95.

Chinese shares rebounded from early losses. They have wavered under concern over potential tariff hikes on by President-elect Donald Trump’s future administration and worries that recently announced stimulus policies won't have enough impact to break the economy out of the doldrums.

The Shanghai Composite index rose 0.7% to 3,346.01, while Hong Kong's Hang Seng dipped and then recovered, adding 0.4% higher to 19,651.75.

“The broader market sentiment remains cautious, with futures showing resilience even as reasonable fears of a looming global trade war cast a shadow over bolder directional moves,” Stephen Innes of SPI Asset Management said in a commentary.

India's Sensex jumped 1.4%, while the Taiex in Taiwan surged 1.3%. In Bangkok, the SET gained 1.1%.

On Monday, the S&P 500 rose 0.4% to 5,893.62 for its first gain in three days. The Dow Jones Industrial Average slipped 0.1% to 43,389. The Nasdaq composite gained 0.6% to 18,791.81.

Stocks regained some momentum after giving back more than half their postelection gains at the end of last week. Investors had sent the S&P 500 nearly 4% higher in the days immediately following Trump’s presidential win. Bank stocks, smaller companies and other areas of the market seen as the biggest winners from Trump’s preference for lower tax rates, higher tariffs and lighter regulation did particularly well.

Attention also has turned to who Trump might nominate as his future Treasury secretary.

“Given the large U.S. budget deficit, investors will probably want to see a safe pair of hands being chosen,” ING Economics said in a commentary.

CVS Health rallied 5.4% after adding four new directors to its board. Liberty Energy also helped pull the market upward after rising 4.9%. President-elect Donald Trump named its CEO, Chris Wright, as his nominee for Secretary of Energy.

Trading of Spirit Airlines’ stock, meanwhile, was halted after the budget carrier reached an agreement with its debtholders on a plan to take it through Chapter 11 bankruptcy protection. The airline will continue to fly while it restructures, but it will also likely wipe out the holdings of all its current stock investors.

Investors have been bracing for some potential downsides of Trump’s reshaping of the economy. Moderna rose 7.2% on Monday but is still down since word came out that Trump wants Robert F. Kennedy Jr., a prominent anti-vaccine activist, to lead the Department of Health and Human Services.

Worries about potentially higher inflation under Trump have also sent Treasury yields upward in the bond market. That could tie the Federal Reserve’s hands, when the central bank is trying to lower interest rates to ease the brakes off the economy and keep the job market humming.

Several big-name companies will be reporting their latest quarterly results this week, including market heavyweight Nvidia on Wednesday. The chip company, with its total market value of nearly $3.5 trillion, will need to hit analysts’ high expectations for growth during the latest quarter to justify its big stock price, which has surged 183% this year.

Other big companies set to report this week include Lowe’s and Walmart on Tuesday, Target on Wednesday and Deere on Thursday.

The big-box retailers will be reporting after an update on Friday said shoppers spent more at U.S. retailers generally last month than expected.

In other dealings early Tuesday, benchmark U.S. crude oil shed 20 cents to $68.97 per barrel in electronic trading on the New York Mercantile Exchange.

Brent crude, the international standard, declined 16 to $73.14 per barrel.

The dollar fell to 154.31 Japanese yen from 154.67 yen. The euro slipped to $1.0583 from $1.0599.

FILE - People pass the New York Stock Exchange on Nov. 5, 2024, in New York. (AP Photo/Peter Morgan, File)

FILE - People pass the New York Stock Exchange on Nov. 5, 2024, in New York. (AP Photo/Peter Morgan, File)

Currency traders pass by a screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won, center, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Nov. 19, 2024. (AP Photo/Ahn Young-joon)

Currency traders pass by a screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won, center, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Nov. 19, 2024. (AP Photo/Ahn Young-joon)

Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won, center, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Nov. 19, 2024. (AP Photo/Ahn Young-joon)

Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won, center, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Nov. 19, 2024. (AP Photo/Ahn Young-joon)

A currency trader reacts near a screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Nov. 19, 2024. (AP Photo/Ahn Young-joon)

A currency trader reacts near a screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Nov. 19, 2024. (AP Photo/Ahn Young-joon)

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