Varonis Cited in Independent Report for its Data Classification Capabilities
March 21 2017 - 8:00AM
Varonis Systems, Inc. (NASDAQ:VRNS), a leading provider of software
solutions that protect data from insider threats and cyberattacks,
has been cited in Forrester’s February 2017 report, Market
Overview: Data Classification For Security And Privacy, among
vendors that “have data classification capabilities in addition to
data discovery and remediation capabilities.”
The Varonis Data Security Platform (DSP) analyzes and profiles
user roles, file systems and email activity, permissions, file
content and directory service information. The automated
classification capabilities within the platform combine these
metadata streams and results from other classification solutions
for increased visibility into the content of data. Classification
information enables actionable intelligence for data security and
compliance, including a prioritized list of folders with the most
exposed permissions and containing the most sensitive data, access
points to that data, users and owners, and effectively setting
access limitations without disrupting business processes.
“Our data classification solution within the Varonis Data
Security Platform is helping security teams keep up with the fast
pace growth of data, protect against the vulnerabilities that
accompany that growth and stay ahead of compliance regulations like
HIPAA, PCI and GDPR,” said Ken Spinner, VP of Field Engineering.
“We are honored to be included in Forrester’s Market Overview
report. I believe that this citation further validates our
dedication to reducing business risk by finding and protecting
sensitive data, ensuring that only necessary people have access,
and by ensuring that all access is monitored and abuse is
flagged.”
Data classification is a critical step for security and risk
professionals in defining and understanding how to protect
sensitive data. The report gives guidance on why data
classification should maintain a priority spot in an organization’s
security budget, “Although targeted attacks may be the new norm, a
reactive approach to security is inefficient and ineffective. You
still need an actual security strategy — and knowing what it is
that you’re trying to protect — as the foundation for your
efforts.”
Many organizations are still too focused on responding to
threats and don’t properly understand or control sensitive data. In
fact, the January 2017 Forrester Consulting study commissioned by
Varonis, “The Data Security Money Pit: Expense In Depth Hinders
Maturity," found that 62% of respondents have no idea where their
most sensitive unstructured data resides. Understanding what is
considered sensitive, or toxic, data lends insight and context for
developing controls and policies for data awareness and proper data
handling.
The Market Overview found that 54% of global client security
decision-makers have implemented a data classification solution,
and an additional 22% plan to do so in the next year. As more
organizations recognize the need to boost data awareness, solutions
like the Varonis DSP can give security professionals confidence in
their systems and build a foundation for data security and
privacy.
When compiling the market overview, Forrester analyzed various
solutions in data classification and made special note of those
vendors that, in addition to their data classification
capabilities, also have data discovery and remediation
capabilities--one of those vendors being Varonis.
Additional Resources
- For more information on Varonis' solution portfolio, please
visit www.varonis.com.
- Visit our blog, and join the conversation on Facebook, Twitter,
LinkedIn, Podcast and YouTube.
Source: Forrester Research Market Overview: Data Classification
For Security And Privacy, February 24, 2017
About VaronisVaronis is a leading provider of
software solutions that protect data from insider threats and
cyberattacks. Through an innovative software platform, Varonis
allows organizations to analyze, secure, manage, and migrate their
volumes of unstructured data. Varonis specializes in file and email
systems that store valuable spreadsheets, word processing
documents, presentations, audio and video files, emails, and text.
This rapidly growing data often contains an enterprise's financial
information, product plans, strategic initiatives, intellectual
property, and confidential employee, customer or patient records.
IT and business personnel deploy Varonis software for a variety of
use cases, including data security, governance and compliance, user
behavior analytics, archiving, search, and file synchronization and
sharing. With offices and partners worldwide, Varonis had
approximately 5,350 customers as of December 31, 2016, spanning
leading firms in financial services, healthcare, public,
industrial, insurance, energy and utilities, media and
entertainment, consumer and retail, technology and education
sectors.
News Media Contact:
Jennifer LuPiba
614-338-9889
jlupiba@varonis.com
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