Events , Fraud Management & Cybercrime , Next-Generation Technologies & Secure Development

Thales Threat Report - 50% of Firms Not Ready for Ransomware

Thales' Todd Moore on Latest Threat Challenges, Cloud Security, Quantum Computing
Todd Moore, vice president, encryption products, Thales Cloud Protection & Licensing

Now in its 10th year, the Thales Data Threat Report outlines and quantifies the key threats faced by the global cybersecurity industry. Ransomware continues to be a growing threat but, surprisingly, more than half of respondents have no defense plan in place, said Todd Moore, vice president of encryption products at Thales Cloud Protection and Licensing.

See Also: NHS Ransomware Attack: Healthcare Industry Infrastructures Are Critical

Complexity is also a growing problem that calls for consolidation of solutions, including issues such as using multiple key management systems. In addition, quantum computing, which has been on the horizon for some time, is now nearer than ever. Thales is one of the few firms with solutions to make the tech stack quantum-ready, he said.

Cloud security challenges are growing too, and regulatory compliance in areas such as digital sovereignty is an issue, particularly in Europe, as organizations struggle to gain control of their information in public clouds.

In this video interview with Information Security Media Group at RSA Conference 2023, Moore discuses:

  • Protecting against and responding to ransomware attacks.
  • Making your tech stack quantum-ready;
  • Tackling data sovereignty in public clouds.

Moore, who has over 28 years of experience in helping organizations protect their most sensitive data, drives strategy for Thales' data encryption portfolio to address existing and new customer needs. He has a deep understanding of security challenges and technologies within the defense industry, having spent almost two decades with Harris Corp. Moore routinely develops strategies for new product development and execution, and he negotiates strategic relationships and alliances.

About the Author

Tom Field

Tom Field

Senior Vice President, Editorial, ISMG

Field is responsible for all of ISMG's 28 global media properties and its team of journalists. He also helped to develop and lead ISMG's award-winning summit series that has brought together security practitioners and industry influencers from around the world, as well as ISMG's series of exclusive executive roundtables.

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