Money Buzz! Europa

Tag: thales

  • Passwords on the rise despite evidence they are unable to protect

    Passwords on the rise despite evidence they are unable to protect

    • Almost a third (29%) of organisations across Europe and the Middle East see usernames and passwords as one of most effective access management tools, despite inherent weaknesses;
    • More than half (57%) of companies believe that unprotected infrastructure such as new IoT devices present the biggest targets for cyber-attacks, ahead of cloud apps (55%) and web portals (43%);
    • Over two-thirds (67%) of IT leaders feeling under pressure to balance convenience and security;

    According to the 2020 Thales Access Management Index – Europe and Middle East Edition, nearly a third (29%) of organisations in Europe and the Middle East still see usernames and passwords as one of the most effective means to protect access to their IT infrastructure, two years after the inventor of the complex static password admitted they don’t work.

    In fact, 67% of respondents indicate that their organisations plan to expand its use of usernames and passwords in the future. This continued reliance on outdated security comes despite IT leaders revealing it is increasingly easier (48%) to sell the need for security to their boards compared to last year (29%).

    Surveying 400 IT decision-makers across Europe and the Middle East, Thales’s new research found that the majority (57%) of IT professionals revealed that unprotected infrastructure is one of the biggest targets for cyber-attacks.

    Therefore any organization utilising it, as a result of business pressure driving them to adopt digital transformation technologies, are likely to be putting themselves at a higher level of risk.

    IT departments are battling to provide employees with both security and convenience

    With the Covid-19 global pandemic causing many companies to work from home, IT departments are battling to provide employees with both security and convenience.

    In fact, over two-thirds (67%) of European IT leaders say their security teams feel under pressure to provide convenient access to applications and cloud services for users, but still maintain security – an indication they’re struggling to balance their digital transformation and security priorities.

    To this end, 96% believe that strong authentication and access management solutions can facilitate secure cloud adoption. Over three-quarters (76%) also revealed employee authentication needs to be able to support secure access to a broad range of services including virtual private networks and cloud applications.

  • Thales becomes the largest tenant of Orhideea Towers

    Thales has leased another 5,300 sq m in Orhideea Towers office complex in the Centre-West area of Bucharest, thus doubling the area occupied in the project owned by CA Immo.

    The real estate consultancy company JLL advised Thales in the process of identifying the best extension options and in negotiating the contract.

    „Thales becomes the largest tenant of Orhideea Towers, with almost 11,000 square meters of office space, respectively 30% of the area of the building. This is the second phase of our partnership with Thales, the first phase materializing last year by representing them in the relocation transaction in 5,300 sqm of offices in Orhideea Towers. We were able to identify for Thales a flexible solution that would allow them to further expand their operations in Romania”, said Maria Florea, Key Client Director JLL Romania.

    The Center-West area of Bucharest is one of the most dynamic office sub-markets in Romania. Many companies that are interested in Bucharest office market, consider this area due to the multiple public transportation solutions, the proximity of the largest university campus in Romania and the engineering and IT faculties.

    The total office stock in the West Center reached over 416,600 square meters, 14% of Bucharest total stock, another 57,000 square meters being planned for completion by the end of next year.

    Thales has relocated to Orhideea Towers at the end of last year from Riverplace (Riverview House), also owned by CA Immo. Currently, more than 550 specialists work in the company, and the plans are aimed at reaching the figure of 1,000 engineering specialists by 2021.

    Orchidea Towers is located in the west-central part of Bucharest, in the newest office pole of the city. The project has a total rentable area of about 36,500 square meters and includes two “H” shaped towers, connected by a glazed bridge, having areas between 1,200 sqm and 2,600 sqm per level. The building is LEED Platinum certified.