VARONIS: Overview, Features, Competitors & More 2023

Varonis
TAdviser

Varonis Systems is a software firm based in New York City with research and development facilities in Herzliya, Israel. They came up with a security framework for managing and protecting unstructured data within businesses. User Behavior Analytics (UBA) performed by Varonis can detect malicious activity in the form of cyberattacks. Their program mines an organization’s IT for metadata, and then uses that data to draw charts and diagrams depicting the interconnections between things like personnel, data items, content, and usage. The software is specifically designed to scan and search through multiple systems within a company, including databases, applications, and user endpoints, in order to locate and identify the presence of such sensitive data. 

Did you know that businesses (both small and large) can protect their data using Varonis? If you want to learn more about Varonis, this article is a great place to start. Continue reading to learn more about Varonis, its features, and its top competitors.

Varonis 

Unlike traditional cybersecurity organizations, Varonis is a pioneer in data security and analytics. Varonis primarily emphasizes the safeguarding of corporate data, including many forms such as sensitive files and emails, confidential information pertaining to customers, patients, and employees, financial records, strategy, and product plans, as well as other forms of intellectual property. The Varonis Data Security Platform effectively detects and reduces cyber risks originating from both internal and external sources through the analysis of data, account activity, and user behavior. Subsequently, it also enhances security measures by restricting access to sensitive and outdated data, thereby reducing the likelihood of potential disasters. Furthermore, the platform ensures the maintenance of a safe environment through the implementation of automated processes. Varonis products encompass a range of significant application cases, including as data protection, management, Zero Trust, compliance, data privacy, classification, and threat detection and response. 

The financial sector, government, healthcare, industry, insurance, energy, consumers, media, and education are just some of the sectors that Varonis has been serving since its founding in 2005. The Data Security platform effectively identifies insider threats and cyberattacks through the analysis of data, account activity, and user behavior. Likewise, the platform maintains a secure environment through the implementation of automated processes. Do you run a medium- or large-sized company that has trouble keeping track of sensitive data, who has access to it, and what they do with it? Have the Varonis incident response team review the alerts and notifications generated by the Varonis data security platform, which secures your data by classifying more data, and initiating signals. By doing so, you can avoid data manipulations and cyber threats.

Essential Characteristics

  • Data discovery and classification
  • Data access intelligence
  • Identifying Dangers and Countermeasures
  • Automation with the fewest possible access restrictions

Varonis Systems Inc 

New York City is home to Varonis Systems, a software company with R&D facilities in Herzliya, Israel. They created a security software platform that enables businesses to manage and secure unstructured data.  Varonis utilizes User Behavior Analytics (UBA) to detect and analyze atypical activities indicative of cyberattacks. The software collects metadata from an enterprise’s IT infrastructure. This data is used to create internal networks that connect employees, data items, content, and consumption. Varonis Systems Inc. is a technological corporation. The company offers a software platform for managing random enterprise data generated by humans.  

Varonis Systems offers a range of services encompassing data protection, threat detection and response, as well as compliance. The company offers its services to several industries, including healthcare, financial services, public, industrial, technology, energy and utilities, consumer and retail, education, and media and entertainment. The company has a presence in multiple regions, including Asia, Europe, Australia, and North America. Presently, Varonis Systems is located in New York, USA, serving as its corporate headquarters. Further, Varonis focuses on safeguarding corporate data in its most significant and extensive repositories and applications, both inside on-premises infrastructure and cloud-based environments. Varonis, on the other hand, seamlessly integrates with your technology stack’s security and privacy solutions using pre-built applications and API-based integrations.

Varonis Systems Inc: Company Profile

Generally Varonis Systems, Inc. offers a range of software products and services designed to facilitate the management, analysis, alerting, and security of enterprise data across several regions, including North America, Europe, the Middle East, Africa, and other foreign markets. The software provided by the company allows organizations to safeguard various types of data, including sensitive files and emails, confidential personal information of customers, patients, and workers, financial records, strategy and product plans, and other forms of intellectual property. The company provides a software solution called DatAdvantage, which is capable of capturing, aggregating, normalizing, and analyzing all data access events for users on Windows and UNIX/Linux servers, storage devices, email systems, Intranet servers, cloud applications, and data stores. Additionally, they offer DatAlert, a tool that profiles users, devices, and their behaviors in relation to systems and data. 

DatAlert is designed to detect and notify users of any deviations that may indicate a compromise. It also provides a user-friendly web-based dashboard and investigative interface for further analysis. The software additionally offers a Data Classification Engine that employs various metadata dimensions to identify and label data, providing business and IT personnel with valuable insights. It further comprises DataPrivilege, a self-service Web portal that enables users to request access to data required for their business operations, allowing owners to grant access without the need for IT involvement. Moreover, the company offers the Data Transport Engine, a tool that integrates the handling of data and metadata.

This engine particularly converts business decisions and instructions into technical commands, such as data migration or archiving. Meanwhile, the company provides DatAnswers, a search functionality designed for enterprise data. Varonis Systems, Inc. engages in the distribution and sale of its products and services through a network including distributors and resellers. 

Varonis Stocks 

Overall, Varonis Systems, Inc. (NASDAQ:VRNS) is a software firm that delivers enterprise information security solutions. The products of the company assist enterprises in protecting their data from insider threats, cyberattacks, and data loss. Among Varonis’s services are:

The Varonis Data Security Platform: A unified platform that enables data classification, discovery, protection, and governance.

Varonis DatAdvantage: A system that assists businesses in identifying and mitigating insider threats.

The Varonis File Insight: A service that assists businesses in discovering and categorizing sensitive material across file systems, email, and cloud storage.

Varonis’ stock price has been declining in recent months, but it is still much higher than its IPO price in 2014. On February 24, 2023, the company is slated to announce profits. Fortune 500 companies, government agencies, and healthcare providers are just some of the many types of businesses that use Varonis’ products. Varonis is positioned favorably for growth over the coming years. The stock price of the corporation has been steadily rising in recent years, and it is currently selling at around $100 per share. Investors seeking exposure to the cybersecurity industry could consider purchasing shares of Varonis, a well-known company in the field.

Some of the reasons why Varonis stocks are a solid investment are as follows:

1. The company has a proven track record of success. Over the last five years, Varonis’ revenue has increased at a compound annual growth rate (CAGR) of 25%.

2. Varonis is a market leader in information security. Some of the world’s largest corporations, including Fortune 500 firms and government agencies, employ the company’s products.

3. Varonis enjoys a substantial competitive advantage. The company’s products meet the growing demand for information security solutions.

Varonis stocks are a wonderful alternative to consider if you are seeking for a good investment in the cybersecurity area.

Varonis Competition 

The Varonis Competition is a global cybersecurity challenge for students and professionals. The competition is designed to test participants’ skills in data analytics, threat hunting, and incident response. The competition is open to individuals and teams of up to four people. The top teams will win prizes, including cash, scholarships, and internships. The Varonis Competition is a great opportunity to learn about cybersecurity and to test your skills against the best in the world. If you are interested in cybersecurity, I encourage you to register for the competition.

Here are some of the benefits of participating in the Varonis Competition:

  • Learn about cybersecurity: The competition will give you the opportunity to learn about different aspects of cybersecurity, including data analytics, threat hunting, and incident response.
  • Test your skills: The competition will test your skills against the best in the world.
  • Win prizes: The top teams will win prizes, including cash, scholarships, and internships.
  • Network with other cybersecurity professionals: The competition is a great opportunity to network with other cybersecurity professionals.

Varonis Competitors are:

Varonis is a data security and compliance company that provides software to help organizations protect their data. The company’s competitors offer similar products and services, and they compete for market share in the data security and compliance industry. Varonis’ competitors have different strengths and weaknesses. Netwrix is known for its user-friendly interface and its ability to integrate with a variety of third-party applications. Logrhythm is known for its strong security features and its ability to detect and prevent data breaches. Symantec is a well-known brand with a wide range of products and services. Data loss protection is a primary area of expertise for Forcepoint. Securonix’s strength lies in its superior analytics. The automated identification and reaction to security threats is only one of Exabeam’s many lauded features. FireEye is well-known in the security industry for its superior threat detection and prevention capabilities.

Tenable is known for its vulnerability scanning and management solutions. Rapid7 is known for its penetration testing and security training solutions. Varonis’ competitors are constantly innovating and developing new products and services. Varonis tends to continue innovation in order to stay ahead of the competition.

What Is Varonis? 

Varonis offers an integrated and organized insight on the potential risks associated with your data, enabling proactive and methodical management of risks arising from insider threats and cyberattacks. Chiefly, it limits the occurrence of data breaches in Salesforce.

What Is Varonis Used For? 

Varonis is a data security and compliance platform that helps organizations protect their sensitive data from insider threats and external attacks. It does this by letting organizations see how their data is being accessed, utilized, and especially shared, while additionally assisting them in setting up safeguards. Companies in the Fortune 500, government entities, and even hospitals and clinics have all made use of Varonis. Gartner, Forrester, and other market researchers have all named it a frontrunner in the data security space.

Is Varonis a DLP Tool? 

Varonis can serve as the primary data security platform, encompassing several basic data loss prevention (DLP) operations, besides offering advanced threat detection and response features. Comparatively, Varonis possesses certain Data Loss Prevention (DLP) functionalities, such as the ability to monitor and issue alerts regarding abnormal behaviors, data classification, archive procedures, and quarantine measures.

Is Varonis a Security Tool? 

The Varonis Data Security Platform facilitates the effective and efficient analysis of risks for banks by providing capabilities such as data discovery, data remediation, threat detection and response, and data classification across the bank’s vast range of file servers and mailboxes. Additionally, it aids in the identification of anomalies within the bank’s data.

Is Varonis an Antivirus? 

Varonis, alongside its DatAlert system, facilitates the provision of efficient detection and preventive alerts, minimizing the occurrence of false positives.

How Much Does Varonis Cost? 

Varonis does not disclose its pricing publicly. However, according to a report by Cybersecurity Insiders, Varonis’s pricing starts at $100,000 per year for its Core edition.

What Makes Varonis Different? 

The implementation of robust automated capabilities enhances the security of your data in a continuous manner. Even in the absence of user login, Varonis effectively performs data classification, permission revocation, policy enforcement, and alert generation, thus facilitating the review process for our Incident Response (IR) team.

What is Varonis Data Advantage?

The core component of the Varonis Data Security Platform is DatAdvantage. This tool facilitates the identification of individuals with data access privileges, and especially tracking their actual usage of data inside file and email systems. Accordingly, it enables the identification of potential vulnerabilities and areas of exposure.

Bottom Line

Varonis is a data security and compliance company that helps organizations protect their data from insider threats and external attacks. Comparatively, Varonis’ products chiefly provide visibility into data usage, identify anomalous activity, and automate response to security incidents. Varonis has a strong customer base, including Fortune 500 companies and government agencies. The company is recognized for its innovation and growth and has been named to the Inc. 5000 list of fastest-growing companies in America for several years running. Varonis is a company that has locations all over the world, including New York City, Europe, and Asia. If you are looking for a data security and compliance solution, the software is a great option. Varonis’ products are easy to use and provide a wide range of benefits.

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