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The French multinational company, Thales, has stated that India is its largest market for cybersecurity business. The company is currently hiring for various roles to increase its headcount in the country.
According to Sebastien Cano, senior vice president (cyber security products) at Thales, the company hires more engineers in India than in any other part of the world due to the availability of good talent at a competitive price.
Cano mentioned that Thales also hires engineering talent in Israel, the United States, and Europe. To leverage the business potential of the Indian market, the company is also hiring more sales capabilities and currently has several open positions in India, as it is one of the fastest markets for them.
The company employs over 1,500 engineers at its offices in Noida and Bengaluru. Cano added that Thales also has cybersecurity product development centers in Israel, Canada, the US, Germany, and France.
Recently, cybersecurity companies like Cisco, driven by its $28-billion Splunk acquisition, Fortinet, and Palo Alto Networks have seen their business boom due to artificial intelligence (AI)-driven cyber attacks, weaknesses in cyber posture of retail and enterprise customers, strengthening of data security compliance regulations, and demand for application security products.
‘We drive Thales’ Cybersecurity Products business mostly from the US, but it has a global footprint, and we are present in Europe, East Africa, and many Asian countries. India is a significant area of growth and focus for us right now,’ Cano said.
The Indian government has been actively enforcing regulations to ensure that data remains secure and localized, which is helping Thales grow in the country.
‘The foundations behind the regulations, such as for GDPR, are often the same across countries. That is one way India is essential for us. It is a fast-growing economy and one of the fastest-growing markets for us globally,’ Cano added.
On AI, he said the company is leveraging the technology to enhance productivity and improve the ease of use of its cybersecurity products via chatbots. However, he agreed that AI has also made it convenient for malicious actors to launch cyberattacks at scale with rapid intensity.
Large language models (LLMs) – which drive AI chatbots and applications – will need protection against cyber incidents, and Thales has won several deals with key customers in this segment, Cano revealed.
‘So we have won many deals with many customers to protect embedded LLMs, for instance, so they cannot be reverse-engineered and corrupted. We protect the model and ensure that it is not interfered with,’ he stated.
Thales’ sales in the Cyber & Digital business unit grew by 14.8% year-on-year to €4,024 million (~₹38,400 crore) in calendar year 2024.
Cano said Thales has been integrating Imperva, the California-headquartered cybersecurity company it acquired in November 2023 from Thoma Bravo for $3.6 billion, into its business.
‘Since January 2024, we have been busy integrating the Imperva business with our legacy cybersecurity division. So, we added 1,600 people to our organisation (following the acquisition). In my division, we employ around 4,400 people globally,’ Cano said.
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