Thales and BCG Announce Partnership to Enhance Cyber Resilience for Large Companies

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Thales and Boston Consulting Group (BCG) have announced a partnership to help major French companies manage cyber crises and respond to incidents. This collaboration was officially presented at the Assises de la S curit event in Monaco from October 9 to 11, 2024.

The partnership combines BCG's strategic consulting expertise for large enterprises with Thales' world-leading cybersecurity services for businesses and governments.

Together, they aim to provide a comprehensive solution at a time when authorities are warning of escalating threats from criminal organizations, hacktivists, and espionage groups engaged in economic and technological sabotage.

Paris - Thales and BCG announce the signature of a strategic partnership providing major corporations with access to top-tier technical expertise in cybersecurity from Thales, coupled with BCG's leadership in business strategy and transformation.

Cybersecurity has become a critical issue for business leaders, with 44% of companies surveyed claiming to have suffered a data breach, according to Thales 2024 Cloud Security Study. Spending on cloud security now surpasses all other areas of security spending.

In response to the growing number of digital threats, businesses-including those critical to national sovereignty-must equip themselves with the most advanced cybersecurity tools and processes available.

In this partnership, Thales leverages its 40 years of experience in cybersecurity, with nearly 6,000 experts and developers delivering innovative solutions, including advanced AI and post-quantum cryptography technologies. Thales' capabilities extend to securing data, industrial infrastructure, and corporate information systems. Its Attack Detection and Response Services, delivered from 11 global cybersecurity centers, provide 24/7 monitoring and rapid response to cyber incidents.

Cybersecurity is no longer just a technical issue; it is now a top priority for management, said Olivier Scalabre, Head of BCG France. Our partnership with Thales equips executive teams with an integrated risk view, strengthening their company's resilience against ever-escalating cyber threats.

Pierre-Yves Jolivet, VP Cyber Digital Solutions at Thales, added, We are proud to collaborate with BCG to help our clients safeguard their business value before, during, and after a cyber crisis, while also providing strategic foresight. This service is essential for any company looking to protect its digital sovereignty.

The joint Thales-BCG offering addresses the critical needs of large enterprises through a three-fold approach:

Crisis Preparedness: a thorough assessment of the company's cybersecurity readiness, identifying areas for improvement in cyber capabilities and prioritizing risk management strategies.

Tailored Crisis Exercises: customized simulations to test crisis management readiness, providing actionable recommendations to ensure that all stakeholders are well-prepared.

Crisis Management Support: a dedicated team on standby, ready to provide operational advice, support the crisis unit and Executive Committee, coordinate decision-making, prioritize urgent actions, neutralize and contain attacks, and offer technical and commercial guidance through to post-incident analysis.

Thales specializes in securing industrial and critical systems, with a strong focus on the transport, aerospace, defense, government, and finance sectors. Its expertise in cyber threat intelligence will be enhanced by BCG's sector-specific knowledge, helping to refine predictive models and threat analysis.

About Thales

Thales (Euronext Paris: HO) is a global leader in advanced technologies specialising in three business domains: Defence & Security, Aeronautics & Space and Cybersecurity & Digital identity.

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 innovation areas such as AI, cybersecurity, quantum technologies, cloud technologies and 6G.

Thales has close to 81,000 employees in 68 countries. In 2023, the Group generated sales of 18.4 billion.

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LINK:	https://www.thalesgroup.com/en/worldwide/digital-identity-and-security...
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