Thales Unveils CipherTrust Ransomware Protection to Safeguard Critical Data

Rhea-AI Summary

Thales has launched CipherTrust Ransomware Protection, an advanced feature designed to secure files and folders against ransomware attacks. This new functionality enhances the CipherTrust Data Security Platform by providing real-time analysis of file access behaviors, enabling organizations to safeguard critical data.

With the increase in ransomware incidents, as reported by the 2023 Thales Data Threat Report, there is a pressing need for robust data protection solutions. The CTE-RWP feature allows for monitoring file systems, detecting and blocking unauthorized encryption processes, and setting trusted application lists.

Thales aims to strengthen cybersecurity measures for businesses, providing peace of mind in an era where ransomware threats are pervasive and damaging.

Positive

• Launch of CipherTrust Ransomware Protection enhances security offerings.
• Provides real-time behavioral analysis to protect critical data.
• Responds to the rising trend of ransomware attacks, as highlighted by the 2023 Thales Data Threat Report.

Negative

• None.

• Thales has released CipherTrust Ransomware Protection to help customers safeguard critical files and folders from ransomware attacks.
• Customers can now enjoy the benefits of real-time analysis of file access behaviors to provide secure and seamless protection.

PARIS LA DÉFENSE--(BUSINESS WIRE)-- Thales, the leading global technology and security provider, today announced the launch of its CipherTrust Transparent Encryption Ransomware Protection (CTE-RWP), an optional licensed feature to the CipherTrust Data Security Platform. CTE-RWP will elevate the protection of customer files and folders from ransomware attacks via access management controls and encryption processes.

According to the 2023 Thales Data Threat Report, 49% of IT professionals reported an increase in ransomware attacks with 22% of organisations having experienced a ransomware attack in past 12 months. Ransomware attacks can bring business operations to a grinding halt by blocking access to critical data until the attack is resolved – a major threat to organizations concerning cost and reputation. In addition to existing perimeter controls, a data-centric approach is needed to safeguard critical data from being encrypted by unauthorized processes.

With CTE-RWP, the CipherTrust Data Security Platform brings a new level of protection to the fight against ransomware. CTE-RWP helps protect against ransomware attacks by monitoring the file system and detecting, flagging, or blocking unwanted encryption and data exfiltration. Specifically, CTE-RWP enables setting trusted lists for critical applications and designating guardpoints to flag or block processes attempting data exfiltration or encryption. CTE-RWP offers real-time behavioral analysis for user system applications and processes, so customers may use and engage with their files and folders securely and seamlessly.

Todd Moore, vice president of data security products at Thales: “CISOs and cybersecurity teams are devoting more time than ever to protecting against ransomware. The release of this new Ransomware Protection helps bring an industry-leading solution to market, strengthening the Thales CipherTrust Data Security Platform and offering further protection against an ever-increasing threat to data. Organizations must come to terms with the fact that ransomware will continue to proliferate and put multiple measures in place to safeguard their valuable data against inevitable attacks in the future.”

Robert Feldman, director at Gadens and Thales customer: “Ransomware is a threat to successful organizations large and small where cybercriminals see a potential to trade money for data privacy. In a firm like Gadens, preserving our reputation and maintaining compliance are key to continued success. I can sleep better at night knowing we have ransomware and data protection from Thales.”

Learn more about Thales at RSA Conference: here.

About Thales

Thales (Euronext Paris: HO) is a global leader in advanced technologies within three domains: Defence & Security, Aeronautics & Space, and Digital Identity & Security. 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 areas such as quantum technologies, edge computing, 6G and cybersecurity.

Thales has 77,000 employees in 68 countries. In 2022, the Group generated sales of €17.6 billion.

These figures do not include the Transportation business, which is currently being divested.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20230426005038/en/

PRESS CONTACT

Thales, Media Relations

Security & Cybersecurity

Marion Bonnet

+33 (0)6 60 38 48 92

marion.bonnet@thalesgroup.com

Source: Thales

FAQ

What is Thales CipherTrust Ransomware Protection (CTE-RWP)?

It is a new feature that safeguards files and folders from ransomware attacks, offering real-time monitoring and protection.

What does the 2023 Thales Data Threat Report say about ransomware?

It states that 49% of IT professionals reported an increase in ransomware attacks, with 22% of organizations experiencing an attack in the past year.

How does CTE-RWP enhance the CipherTrust Data Security Platform?

CTE-RWP provides access management controls, real-time analysis, and the ability to block unauthorized encryption processes.

What are the main benefits of Thales CipherTrust Ransomware Protection for companies?

It improves data protection, minimizes risk of data exfiltration, and enhances incident response capabilities against ransomware.