
Fast-moving ecosystem a top GenAI-related risk for Indian enterprises: Thales study
artificial intelligence
(AI) is a top GenAI-related security risk, according to the findings of a survey conducted by French aerospace, defence and
cybersecurity
firm
Thales
.
The innovative use cases and applications of GenAI are rapidly cropping up across industries, and at the same time, GenAI-driven cyber attacks are on the rise which is making it burdensome for companies to build and implement security measures that can keep pace with the evolving threat landscape.
Other risks include a lack of integrity (66%) and trustworthiness (55%), Thales said in a report on Tuesday.
'The fast-evolving GenAI landscape is pressuring enterprises to move quickly, sometimes at the cost of caution, as they race to stay ahead of the adoption curve,' said Eric Hanselman, chief analyst at S&P Global Market Intelligence 451 Research.
'Many enterprises are deploying GenAI faster than they can fully understand their application architectures, compounded by the rapid spread of SaaS tools embedding GenAI capabilities, adding layers of complexity and risk,' Hanselman added.
Nonetheless, 72% of respondents in India are investing in GenAI-specific security tools, with 16% using newly allocated budget, as per the findings.
'Notably, security for
generative AI
has quickly risen as a top spending priority, securing the second spot in ranked-choice voting, just behind cloud security,' Thales said, adding that this shift underscores the growing recognition of AI-driven risks and the need for specialised defences to mitigate them.
'The clock is ticking on post-quantum readiness. It's encouraging that three out of five organisations are already prototyping new ciphers, but deployment timelines are tight and falling behind could leave critical data exposed,' said Todd Moore, global vice president (data security products), Thales, said.
'Even with clear timelines for transitioning to PQC algorithms, the pace of encryption change has been slower than expected due to a mix of legacy systems, complexity, and the challenge of balancing innovation with security,' Moore said.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
32 minutes ago
- Time of India
ICICI Lombard Moves Disaster Recovery to New AWS Centre in Hyderabad
Mumbai: ICICI Lombard has shifted its disaster recovery (DR) operations from Amazon Web Services' (AWS) Mumbai region to the Hyderabad region, completing a major upgrade of its business continuity infrastructure. The fully automated, cloud-native setup—developed in collaboration with AWS—covers all of the insurer's business-critical applications and ensures rapid failover in the event of a disruption. The transition, aimed at improving service reliability and response time, was carried out with end-to-end automation and real-time validation, involving minimal manual intervention. According to Girish Nayak, chief – technology, health UW and claims at ICICI Lombard, the company successfully executed a full-site DR drill, seamlessly transitioning all business applications to the secondary cloud region. 'This marks a first-of-its-kind initiative in the Indian insurance sector,' he said, adding that the move validated the company's readiness to maintain uninterrupted operations during unforeseen events. The upgraded system uses native AWS services such as Elastic Disaster Recovery (EDR), AWS Step Functions and infrastructure-as-code tools. It supports continuous replication of application and database servers between the primary site in Mumbai and the DR site in Hyderabad, with seamless environment switching enabled via domain-based routing. Kiran Jagannath, head – FSI and conglomerates, AWS India and South Asia, said the collaboration helps secure ICICI Lombard's mission-critical workloads while enabling faster recovery, greater reliability and better data protection. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now


Time of India
an hour ago
- Time of India
Trump deals bring some clarity for world's manufacturing base
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads After months of uncertainty, President Donald Trump 's latest tariff deals are providing clarity on the broad contours of a new trade landscape for the world's biggest manufacturing on Tuesday announced a deal with Japan that sets tariffs on the nation's imports at 15%, including for autos — by far the biggest component of the trade deficit between the countries.A separate agreement with the Philippines set a 19% rate, the same level as Indonesia agreed and a percentage point below Vietnam's 20% baseline level, signaling that the bulk of Southeast Asia is likely to get a similar rate.'We live in a new normal where 10% is the new zero and so 15% and 20% doesn't seem so bad if everyone else got it,' said Trinh Nguyen, senior economist for emerging Asia at Natixis. At a 15%-20% tariff level, it's still profitable for US companies to import from abroad rather than produce similar goods at home, she US Treasury Secretary Scott Bessent said he'll meet his Chinese counterparts in Stockholm next week for their third round of talks aimed at extending a tariff truce and widening the discussions. That suggests a continuing stabilization in ties between the world's two largest economies after the US recently eased chip curbs and China resumed rare earths exports.'We're getting along with China very well,' Trump told reporters on Tuesday. 'We have a very good relationship.'Throw it all together and a level of predictability is finally emerging after six months of tariff threats that had at one point jacked up tariff levels to 145% on China and near 50% on some smaller Asian exporters. Investors cheered the moves, with Asian shares rising the most in a month and contracts for the S&P 500 up 0.2%. The Nikkei-225 index in Japan jumped 3.2%, with Toyota Motor Corp. and other carmakers leading the gains.'What's been interesting to me is that equity markets still have been fairly rosy about the changes,' Albert Park, chief economist at the Asian Development Bank, said in a Bloomberg Television interview. 'I'm not sure they've priced in fully all of the effects that are likely to occur from the disruption of higher tariff rates.'Back in April, Trump hit the pause button on the steepest levies after a rare combination of weakening US stocks, bonds and the dollar showed investors were unnerved by his protectionist salvos. That bought time for policymakers from Tokyo, Manila and across the globe to negotiate more palatable the latest deals bring some relief, key questions remain. The Trump administration is still considering a range of sectoral tariffs on goods like semiconductors and pharmaceuticals that will be critical for Asian economies including Taiwan and India — both of which have yet to announce tariff agreements with the Korea is also more exposed to sectoral tariffs, even though the Japan deal provides a potential template for new President Lee Jae Trump moves quickly on talks with countries accounting for the bulk of the US trade deficit, he has said he may hit around 150 smaller countries with a blanket rate of between 10% and 15%.With some certainty on tariff levels now emerging, businesses with complex supply chains across Asia and still reliant of the US consumer can start to game out how they'll shift operations to minimize the hit to like the first trade war in 2018, the latest tariff announcements are likely to spur companies to increasingly shift production outside of China. The average tariff rate on the world's second-largest economy remains the highest in the region, and continued White House pressure on the nation's technology and trade ambitions means companies may find more stability and industry groups have been flagging for months that uncertainty is worse than tariffs for investment. The manufacturing sector across the ASEAN region saw the most notable weakening since August 2021, according to S&P PMI, led by a sharper decrease in new orders, major job cuts and weaker purchasing front-loading of shipments from Asia to the US to get ahead of the incoming levies will likely slow once the new rates kick in. While there's relief that tariff rates for Southeast Asian economies and 15% for Japan are lower than some of Trump's earlier threats, the reality is that they're far higher than they were before he took latest deals 'continue the trend of tariff rates gravitating towards the 15-20% range that President Trump recently indicated to be his preferred level for the blanket rate instead of 10% currently,' Barclays Plc analysts including Brian Tan wrote in a note. That skews risks to GDP growth forecasts for Asia 'to the downside,' they US consumers who have so far been spared the tariff ticket shock, economists warn there's likely to be some pass through in the months ahead. Goldman Sachs Group Inc. economists now expect the US baseline 'reciprocal' tariff rate will rise from 10% to 15% — an outcome that threatens to fuel inflation and weigh on economic Reserve Chair Jerome Powell has argued he wants to see where tariffs land and how they filter through the economy before cutting interest rates — much to the annoyance of now, the US president is hailing a win on trade, and investors seem overall relieved.'I just signed the largest trade deal in history — I think maybe the largest deal in history — with Japan,' Trump said at an event at the White House on Tuesday after announcing the deal on social media. 'It's a great deal for everybody.'


Business Standard
an hour ago
- Business Standard
Nifty scale above 25,150; IT shares advance
Domestic equity indices traded with modest gains in early-afternoon trade, supported by positive global cues. Investors will closely monitor IPO activity, the India-US trade deal, and developments on the tariff front. The Nifty traded above 25,150 mark. IT shares advanced after declining in the past two consecutive trading sessions. At 12:30 IST, the barometer index, the S&P BSE Sensex advanced 376.80 points or 0.46% to 82,574.42. The Nifty 50 index added 111.55 points or 0.44% to 25,167.45. In the broader market, the S&P BSE Mid-Cap index declined 0.15% and the S&P BSE Small-Cap index shed 0.10%. The market breadth was positive. On the BSE, 1,715 shares rose and 2,101 shares fell. A total of 195 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 1.90% to 10.55. The Nifty 31 July 2025 futures were trading at 25,201 at a premium of 33.55 points as compared with the spot at 25,167.45. The Nifty option chain for the 31 July 2025 expiry showed a maximum call OI of 63.3 lakh contracts at the 26,000 strike price. Maximum put OI of 63.8 lakh contracts was seen at 25,000 strike price. Buzzing Index: The Nifty IT index gained 0.49% to 37,041.05. The index fell 0.76% in the past two consecutive trading sessions. LTIMindtree (up 1.50%), Infosys (up 0.74%), HCL Technologies (up 0.55%), Oracle Financial Services Software (up 0.44%), Tata Consultancy Services (up 0.42%) and Wipro (up 0.06%) advanced. On the other hand, Mphasis (down 2.34%), Persistent Systems (down 1.23%) and Coforge (down 0.08%) edged lower. Stocks in Spotlight: Welspun Specialty Solutions (WSSL) declined 3.18% after the company reported a net loss of Rs 0.75 crore in Q1 FY26, compared to a net profit of Rs 1.95 crore posted in Q1 FY25. However, revenue from operations jumped 24.19% year-on-year (YoY) to Rs 201.32 crore in the quarter ended 30 June 2025. Aurionpro Solutions tumbled 6.47%. The company has reported a 14% increase in net profit to Rs 51 crore on a 29% rise in revenue to Rs 337 crore in Q1 FY26 as compared with Q1 FY25.