Varonis Systems expands IaaS security to Google Cloud, enhancing data visibility and risk management for customers.
Quiver AI Summary
Varonis Systems, Inc. has announced an expansion of its Infrastructure as a Service (IaaS) security coverage to Google Cloud, enhancing its data-centric security solutions for cloud storage and data warehouses. The integration aims to help organizations identify and remediate data risks by automatically discovering and classifying sensitive data across various Google Cloud services, such as Google Cloud Storage and BigQuery. Varonis provides tools for dynamic data masking to protect sensitive information and actively monitors user behavior to detect and respond to threats. This enables customers to better manage their data security and reduce enterprise risk. Varonis emphasizes the importance of comprehensive visibility and real-time threat detection in cloud environments, positioning itself as a leader in data security.
Potential Positives
- Varonis expands its IaaS security coverage to Google Cloud, significantly enhancing its market presence and service offerings.
- The integration allows Varonis to provide a data-centric security approach that automates the discovery and classification of sensitive data in Google Cloud, addressing a critical need in cloud security.
- By enabling features like dynamic data masking and proactive threat detection, Varonis enhances customer ability to manage sensitive data and respond to security threats effectively.
- This integration positions Varonis as a leader in data security across cloud environments, appealing to organizations looking to strengthen their security posture amidst growing data risks.
Potential Negatives
- There is a lack of substantial details regarding potential challenges or limitations Varonis may face while integrating their services with Google Cloud, which could lead to skepticism about the effectiveness of the new offerings.
- The press release does not mention any specific customer use cases or testimonials, which may leave stakeholders questioning the practical impact of the new security solutions on existing customers.
- Varonis mentions the automation of risk management in cloud environments but does not address concerns about the potential for over-reliance on automation, leaving gaps in security that could be exploited.
FAQ
What security features does Varonis offer for Google Cloud?
Varonis offers data discovery, classification, dynamic data masking, threat detection, and permissions analysis for Google Cloud environments.
How does Varonis protect sensitive data in Google Cloud?
Varonis identifies and classifies sensitive data, restricting visibility and flagging overexposed files while providing automated remediation.
What is the purpose of dynamic data masking by Varonis?
Dynamic data masking hides sensitive information like PII, PCI, and PHI based on user roles to enhance data security.
How can organizations request a demo of Varonis for Google Cloud?
Organizations can request a demo by visiting the Varonis website and scheduling a 30-minute demonstration.
What makes Varonis different from conventional cybersecurity companies?
Varonis focuses on data security rather than perimeter security, offering AI-driven automation for data exposure management and threat detection.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VRNS Insider Trading Activity
$VRNS insiders have traded $VRNS stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $VRNS stock by insiders over the last 6 months:
- GUY MELAMED (CFO and COO) has traded it 2 times. They made 0 purchases and 2 sales, selling 91,345 shares.
- JAMES O'BOYLE (Vice Chairman - Sales) has traded it 3 times. They made 0 purchases and 3 sales, selling 125,000 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$VRNS Hedge Fund Activity
We have seen 170 institutional investors add shares of $VRNS stock to their portfolio, and 177 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CADIAN CAPITAL MANAGEMENT, LP removed 3,801,242 shares (-100.0%) from their portfolio in Q3 2024
- GREENVALE CAPITAL LLP added 1,400,000 shares (+inf%) to their portfolio in Q3 2024
- DRIEHAUS CAPITAL MANAGEMENT LLC added 1,349,464 shares (+inf%) to their portfolio in Q3 2024
- FMR LLC removed 1,160,952 shares (-37.5%) from their portfolio in Q3 2024
- LORD, ABBETT & CO. LLC added 859,025 shares (+67.7%) to their portfolio in Q3 2024
- GOLDMAN SACHS GROUP INC added 634,163 shares (+52.9%) to their portfolio in Q3 2024
- PHOENIX HOLDINGS LTD. added 628,570 shares (+293.9%) to their portfolio in Q2 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), today announced the expansion of its IaaS security coverage to Google Cloud. The latest integration broadens Varonis' extensive coverage portfolio, bringing the company’s proven data-centric approach to Google Cloud storage and data warehouses.
Data is a prime target for attackers, but discovering where sensitive data lives and remediating risk across sprawling cloud environments is virtually impossible without automation. Other tools simply monitor configurations. Varonis focuses on data, providing comprehensive visibility while automatically identifying and resolving data risk issues.
With Varonis, customers can continuously strengthen their data security posture, help prevent data breaches, and maintain a state of least privilege across cloud environments.
With Varonis for Google Cloud, customers can:
-
Identify and remediate at-risk data.
Varonis automatically discovers and classifies sensitive data — in Google Cloud Storage, BigQuery, managed databases in Google CloudSQL, and unmanaged databases installed on Google Cloud workloads — and flags overexposed files, buckets, and datasets, and limits exposure at scale.
- Restrict visibility of sensitive data with dynamic data masking. Varonis hides sensitive data like PII, PCI, and PHI in BigQuery based on users’ roles.
- Detect and respond to suspicious activity and threats. Varonis proactively detects internal and external threats to data that others miss by monitoring data activity and user behavior.
- Accelerate permissions and exposure analysis. Varonis connects the dots between identity, permissions, and data exposure risk to investigate and address issues faster.
"Varonis is the unified platform that identifies and classifies data across your cloud environments and detects threats across your entire data estate at scale, in real-time,” said Varonis Field CTO Brian Vecci. “Varonis offers deep visibility into cloud environments with today’s leading hyperscalers — enabling security teams to significantly reduce enterprise risk.”
Try Varonis for Google Cloud: Request your demo today.
Additional Resources
- Learn more on the Varonis blog .
- Read more about Varonis for Google Cloud .
- Check out these Varonis integrations .
- See Varonis in action: schedule a 30-minute demo .
- For more information on Varonis' solution portfolio, please visit https://www.varonis.com .
- Visit our blog and join the conversation on X (Twitter) , LinkedIn , and YouTube .
About Varonis
Varonis
(Nasdaq: VRNS) is a leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.
Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), and insider risk management.
Varonis protects data first, not last. Learn more at www.varonis.com .
Investor Relations Contact:
Tim Perz
Varonis Systems, Inc.
646-640-2112
[email protected]
News Media Contact:
Rachel Hunt
Varonis Systems, Inc.
877-292-8767 (ext. 1598)
[email protected]
