Latest news with #Thales'
Business Upturn
03-07-2025
- Business
- Business Upturn
Curve Pay and Thales Join Forces to Securely Transform Digital Wallets on iPhone
Business Wire India Curve, the ultimate digital wallet, today announced deepening its collaboration with Thales, the global leader in advanced technologies, delivering secure modern payment solutions for financial institutions. This press release features multimedia. View the full release here: Thales D1 Platform to power CURVE PAY (Photo: Thales) This partnership comes on the back of Curve launching Curve Pay on iOS, marking a watershed moment in mobile payments. This partnership is a significant step to reshaping everyday spending, allowing Curve customers to benefit from NFC payment directly in the Curve App for contactless payments in store for all end-users on iOS and Android. Curve Pay is underpinned by Thales' D1 platform on iOS and Android in Europe which allows customers to digitize a payment card through a mobile wallet. The cloud-based D1 platform operates in real time, enabling seamless integration with existing systems to deliver secure, flexible, and instant payment services. With over six million customers in Europe, and existing partnerships with major brands such as Samsung and PayPal, Curve has long led the charge against the traditional players avoiding fees and offering consumers real choice. This collaboration with Thales confirms a longstanding technological partnership which successfully provided for Huawei Pay powered by Curve. 'At Curve, we're committed to redefining the digital wallet experience. Our collaboration with Thales marks a significant step in providing users with a seamless, secure, and innovative payment solution,' said Shachar Bialick, Founder and CEO of Curve. 'By building robust guardrails into Curve Pay, powered by Thales' industry-leading platform, we're not just safeguarding transactions, we're empowering our customers to take full control of their financial lives.' 'At Thales, we believe that secure, open, and user-centric digital payment experiences are the future. Our collaboration with Curve Pay is a clear example of how innovative fintechs and trusted technology partners can shape that future together,' said François Chaffard, Vice President of Digital Payment Services at Thales. 'By integrating our D1 platform, we're enabling a new level of freedom and flexibility for mobile NFC payments – without compromising on security or compliance. This milestone reflects our shared commitment to giving users more control, while supporting a dynamic payment ecosystem.' About Thales Thales (Euronext Paris: HO) is a global leader in advanced technologies for the Defence, Aerospace, and Cyber & Digital sectors. Its portfolio of innovative products and services addresses several major challenges: sovereignty, security, sustainability and inclusion. The Group invests more than €4 billion per year in Research & Development in key areas, particularly for critical environments, such as Artificial Intelligence, cybersecurity, quantum and cloud technologies. Thales has more than 83,000 employees in 68 countries. In 2024, the Group generated sales of €20.6 billion. About Curve Curve Pay is a pioneering digital wallet that works to save you money and enhance every payment you make. It avoids hidden currency conversion fees, lets you switch cards after purchase, and helps you earn more rewards on top of your existing benefits. At the heart of the experience is the Curve Wallet, bringing all your cards into one secure place and putting your finances on autopilot. Available across the UK and EEA, Curve has over 6 million users and processes billions in payments annually. Authorised and regulated internationally, Curve continues to simplify and unify the way people spend, send, see, and save their money. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire India. Business Upturn take no editorial responsibility for the same. Ahmedabad Plane Crash
Techday NZ
01-07-2025
- Business
- Techday NZ
AI & cloud security top enterprise concerns amid tool sprawl
Thales' newly released 2025 Global Cloud Security Study highlights rising challenges for organisations as cloud complexity and AI adoption re-shape enterprise security priorities. The study, carried out by S&P Global Market Intelligence 451 Research and based on a survey of nearly 3,200 security professionals in 20 countries, reports that over half (52%) of security leaders are now prioritising AI security spending over traditional allocations. At the same time, more than half of all cloud data is now classified as sensitive, yet only a limited proportion benefits from full encryption. Shifting security priorities Findings from the study underscore a notable shift in how security budgets are distributed. While cloud security remains the foremost priority, AI-specific security ranks as the second most important area of investment for businesses, marking a change in enterprise risk management as organisations respond to the accelerated adoption of AI technologies and the rapid proliferation of sensitive data stored in cloud environments. Almost two-thirds (64%) of respondents consider cloud security one of their five most pressing security concerns, while 17% rate it as their top issue. "The accelerating shift to cloud and AI is forcing enterprises to rethink how they manage risk at scale. With over half of cloud data now classified as sensitive, and yet only a small fraction fully encrypted, it's clear that security strategies haven't kept pace with adoption. To remain resilient and competitive, organizations must embed strong data protection into the core of their digital infrastructure," Sebastien Cano, Senior Vice President, Cyber Security Products at Thales, said. This reallocation of priorities reflects the increasing pressure placed on security teams as they respond to the volatility and changing threat landscape of cloud and AI environments. Managing complex cloud environments Security operations are becoming more complicated as organisations use an average of 85 Software-as-a-Service (SaaS) applications and operate across an average of 2.1 public cloud providers, often alongside on-premises systems. The study reveals that 55% of security professionals believe cloud environments are now more complex to secure than their on-premises counterparts—a four percent increase compared to the previous year. These trends have contributed to what the report refers to as 'security tool sprawl', with 61% of organisations utilising five or more data discovery, monitoring, or classification tools. Similarly, 57% of surveyed organisations rely on five or more tools for encryption key management. This proliferation of tools, providers and platforms drives challenges in maintaining consistent policies, managing access, and ensuring data visibility across hybrid and multi-cloud estates. These difficulties are further exacerbated during periods of organisational growth or mergers and acquisitions, which often see expanded SaaS usage and heightened security demands. Cloud-based assets a primary target The report points to an evolving threat landscape in which attackers increasingly focus on cloud-based resources. Four of the top five most targeted assets in reported cyberattacks were cloud-based, underlining the risks associated with storing and processing sensitive data in public and hybrid cloud environments. Incidents involving unauthorised access remain prevalent; 68% of respondents reported a rise in access-based attacks, stemming largely from stolen credentials and lack of adequate access controls. Despite most organisations (85%) classifying at least 40% of their cloud data as sensitive, only 66% have introduced multifactor authentication, leaving critical datasets exposed to potential breaches. Misconfigurations and lapses in credential management are also cited as primary contributors to cloud security incidents, suggesting an ongoing role for human error in organisational risk profiles. "A rising number of respondents report challenges in securing their cloud assets, an issue that is further amplified by the demands of AI projects that often operate in the cloud and require access to large volumes of sensitive data. Compounding this issue, four of the top five targeted assets in reported attacks are cloud-based. In this environment, strengthening cloud security and streamlining operations are essential steps toward enhancing overall security effectiveness and resilience," Eric Hanselman, Chief Analyst at S&P Global Market Intelligence 451 Research, said. The findings collectively emphasise the ongoing difficulties enterprises face as they strive to protect and manage increasingly distributed, sensitive, and AI-powered cloud environments, where tools and best practices have yet to fully match the pace of technological adoption and sophistication of threats.
Time of India
30-06-2025
- Business
- Time of India
Thales 2025 global cloud security study reveals organizations struggle to secure expanding, AI-driven cloud environments, ET CISO
OT Security 3 min read Thales 2025 global cloud security study reveals organizations struggle to secure expanding, AI-driven cloud environments Thales' 2025 Cloud Security Study reveals AI security as a top priority, second only to cloud security, driven by accelerated AI adoption and increasing sensitive data in the cloud. Organizations face challenges in securing complex cloud environments, with attacks targeting cloud resources and human error remaining a significant vulnerability. Strengthening data protection and streamlining operations are crucial for resilience.
Mid East Info
18-06-2025
- Business
- Mid East Info
EDGE Signs MoU to Localise Maintenance Capabilities of Thales' Advanced Optronic Systems in the UAE - Middle East Business News and Information
Paris, France/Abu Dhabi, UAE:June 2025 – At the 2025 edition of the Paris Airshow, EDGE, one of the world's leading advanced technology and defence groups, and Thales, a global leader in high technology solutions for defence and security, have signed a Memorandum of Understanding (MoU) to enhance cooperation in the production and maintenance of Thales' advanced electro-optic systems. This MoU supports the shared commitment of both parties to strengthen the UAE's sovereign defence capabilities and localise key technologies through sustainable in-country industrial solutions. Under the MoU, EDGE's Electro-Optic Centre of Excellence (EOCE) and Thales will explore the creation of dedicated capabilities in the UAE for a range of Thales' cutting-edge optronic systems currently in operational service with the UAE Armed Forces. The areas of intended cooperation include: Hand-Held Thermal Imagers (HHTI): Maintenance of Thales' field-proven SOPHIE family of thermal imagers, supporting ground forces with superior detection and identification performance. Weapon Sights: Local support for Thales' XTRAIM weapon sights, which combine red dot sighting and thermal imaging in a compact, high-performance solution. Electro-Optic Vehicular Cameras: Maintenance and support for Thales' advanced vehicular optronics systems, designed to enhance crew awareness and targeting capabilities across a range of armoured platforms. The MoU was signed by Dr. Chaouki Kasmi, President of Technology and Innovation at EDGE, Alexis Morel, Vice-President of the Optronics and Missile Electronics activities at Thales, and Abdelhafid Mordi, Chief Executive Officer of Thales in the UAE. The signing ceremony was witnessed by Hamad Al Marar, Managing Director and CEO of EDGE, Patrice Caine, Chairman and CEO of Thales Group, and Pascale Sourisse, President of Thales International. By leveraging their respective areas of expertise, EDGE's EOCE and Thales aim to increase operational readiness and lifecycle support for advanced defence technologies deployed across the UAE Armed Forces. Dr. Chaouki Kasmi, President of Technology and Innovation at EDGE, said: 'This MoU marks another important step in our journey to strengthen local defence capabilities through industrial partnerships. Together with Thales, EDGE is taking a significant step towards enabling unique and centralised maintenance capabilities for mission-critical electro-optical systems.' Abdelhafid Mordi, CEO of Thales in the UAE, said: 'We are proud to deepen our collaboration with EDGE and contribute to the UAE's strategic vision for localised defence readiness. This partnership will ensure sustained performance of our advanced optronics systems across multiple operational domains, and reinforce our shared commitment to bolster the local industrial ecosystem and reinforce the UAE's leadership in the global defence sector'.
Al Etihad
17-06-2025
- Business
- Al Etihad
EDGE signs agreement to localise maintenance capabilities of Thales' advanced optronic systems
17 June 2025 18:27 ABU DHABI (ALETIHAD)At the 2025 edition of the Paris Airshow, EDGE, one of the world's leading advanced technology and defence groups, and Thales, a global leader in high technology solutions for defence and security, have signed a Memorandum of Understanding (MoU) to enhance cooperation in the production and maintenance of Thales' advanced electro-optic MoU supports the shared commitment of both parties to strengthen the UAE's sovereign defence capabilities and localise key technologies through sustainable in-country industrial the MoU, EDGE's Electro-Optic Centre of Excellence (EOCE) and Thales will explore the creation of dedicated capabilities in the UAE for a range of Thales' cutting-edge optronic systems currently in operational service with the UAE Armed areas of intended cooperation include:• Hand-Held Thermal Imagers (HHTI): Maintenance of Thales' field-proven SOPHIE family of thermal imagers, supporting ground forces with superior detection and identification performance• Weapon Sights: Local support for Thales' XTRAIM weapon sights, which combine red dot sighting and thermal imaging in a compact, high-performance solution• Electro-Optic Vehicular Cameras: Maintenance and support for Thales' advanced vehicular optronics systems, designed to enhance crew awareness and targeting capabilities across a range of armoured platformsThe MoU was signed by Dr. Chaouki Kasmi, President of Technology and Innovation at EDGE, Alexis Morel, Vice-President of the Optronics and Missile Electronics activities at Thales, and Abdelhafid Mordi, Chief Executive Officer of Thales in the signing ceremony was witnessed by Hamad Al Marar, Managing Director and CEO of EDGE, Patrice Caine, Chairman and CEO of Thales Group, and Pascale Sourisse, President of Thales leveraging their respective areas of expertise, EDGE's EOCE and Thales aim to increase operational readiness and lifecycle support for advanced defence technologies deployed across the UAE Armed Chaouki Kasmi said, 'This MoU marks another important step in our journey to strengthen local defence capabilities through industrial partnerships. Together with Thales, EDGE is taking a significant step towards enabling unique and centralised maintenance capabilities for mission-critical electro-optical systems.' Abdelhafid Mordi said, 'We are proud to deepen our collaboration with EDGE and contribute to the UAE's strategic vision for localised defence readiness. This partnership will ensure sustained performance of our advanced optronics systems across multiple operational domains, and reinforce our shared commitment to bolster the local industrial ecosystem and reinforce the UAE's leadership in the global defence sector." Source: Aletihad - Abu Dhabi
