Varonis Sys Inc Stock Price, News & Analysis

Varonis Systems (Nasdaq: VRNS) has announced the winners of its 2024 Partners in Excellence awards, recognizing channel partners for their exceptional performance in delivering the company's Data Security Platform globally.

The awards span multiple regions with key winners including:

• North America: CDW (Partner of the Year), World Wide Technology (Cloud Partner), and Trace3 (Growth Partner)
• Europe: Metsys (France), SVA (Central Europe), and Softcat Plc (UK)
• Asia-Pacific: CyberCX (Australia) and Hitachi Systems India

According to Greg Pomeroy, Varonis SVP of Worldwide Sales, the partners were instrumental in helping secure critical data across IaaS, SaaS, and hybrid environments through automated outcomes delivered via the Varonis Data Security Platform.

Varonis Systems (Nasdaq: VRNS) has appointed Toshi Namiki as Country Manager for Japan, strengthening its presence in the APAC region. Namiki brings over 25 years of experience in software and cybersecurity, having previously led high-value sales at Deep Instinct, Forescout Technologies, Palo Alto Networks, and VeriSign.

The appointment aligns with Varonis' expansion in APAC, focusing on helping customers comply with local regulatory frameworks, including the Act on the Protection of Personal Information. This law mandates companies to implement security measures protecting personal data from unauthorized access, loss, or damage.

In his new role, Namiki will focus on supporting Japanese industries, particularly in manufacturing, technology, and automotive sectors, to secure their data infrastructure in the AI era. The appointment reinforces Varonis' commitment to data security and breach prevention in the Japanese market.

Varonis Systems (VRNS) has achieved Sustaining Partner status with Black Hat, joining elite security leaders like CrowdStrike and Wiz. The company will showcase its presence at Black Hat Asia 2025 in Singapore from April 1-4.

At booth #509, Varonis will demonstrate its cloud-native Data Security Platform, focusing on data protection and risk reduction in the AI era. The company's Cloud and Security Architecture Director, Mike Thompson, will lead an expert session on April 3 at 10:15 a.m., addressing the safe deployment of AI copilots and preventing data exposure in Microsoft 365 Copilot.

Varonis Systems (VRNS) has announced the acquisition of Cyral, a next-generation database activity monitoring (DAM) provider. The strategic acquisition aims to enhance Varonis' data security capabilities by integrating Cyral's cloud-native DAM technology, which features agentless and stateless interception technology for quick deployment.

The acquisition comes as the database market is projected to reach $225 billion by 2028. The merger addresses the growing challenges in securing various types of databases, including managed, unmanaged, and on-premises systems storing critical PII, intellectual property, and AI training data.

Cyral's co-founder Manav Mital emphasized the shared vision of securing customer data end-to-end in the AI era. The acquisition is not expected to have a material impact on Varonis' revenue this year.

Varonis Systems (VRNS) has announced Varonis for Agentforce, expanding its security offering to provide visibility into Salesforce's agentic AI layer. The new solution offers IT and security teams a comprehensive view of AI agents deployed across business functions through Salesforce's Agentforce platform.

The solution enables organizations to monitor AI agents' connections to enterprise data sources and identify potential security risks through a single dashboard. It builds upon Varonis' existing Salesforce security solutions, helping companies understand risks, automatically fix exposures, and prevent CRM attacks.

Varonis for Agentforce is now available on Salesforce's AppExchange. The platform integrates with Varonis' unified Data Security Platform, offering holistic security monitoring across SaaS and IaaS environments.

Varonis Systems (Nasdaq: VRNS) has been named a Leader in Data Security Platforms by Forrester in their Q1 2025 Wave™ report, also earning a 'Customer Favorite' designation. The company achieved the highest scores in both Current Offering and Strategy categories, receiving perfect 5/5 scores across 13 criteria.

Key achievements include top marks in Data Discovery, Classification, Threat and Risk Visibility, Access Controls, Reporting, Investigations, Manageability and Support. In the Strategy category, Varonis excelled in Vision, Innovation, Pricing Flexibility, Community, and Supporting Services.

Customers specifically praised Varonis's implementation of AI and automation in workflow and data classification, along with their support services and Managed Data Detection and Response (MDDR) capabilities. The report highlights Varonis's vision of leveraging data insights for automated security remediation.

Varonis Systems (VRNS) has announced its participation schedule at the Gartner Security & Risk Management Summit in Mumbai, India, taking place March 10-11, 2025. The company will showcase its cloud security offerings and unified data security approach at booth #210.

A key highlight includes an expert panel discussion titled 'AI Innovation and Security: Insights from a CISO and CFO' featuring Concentrix Global VP Rishi Rajpal and Varonis CFO/COO Guy Melamed. The session, scheduled for March 10 at 4:35 p.m., will focus on proactive data security strategies for AI implementation and risk management.

The company will demonstrate how organizations can safely adopt AI copilots while prioritizing data security, offering 1:1 demos to attendees.

Varonis Systems (VRNS) has announced the opening of new data centers in Mumbai and Pune, India to enhance its cloud-native Data Security Platform services. The expansion aims to help Indian businesses comply with local regulatory frameworks, including requirements from the Reserve Bank of India, Securities and Exchange Board of India, and Insurance Regulatory and Development Authority.

The data centers will support customers in meeting data localization requirements under the Digital Personal Data Protection Act while maintaining data sovereignty rules. According to Aditya Birla Capital's Group CISO, the new facilities will help strengthen security and ensure compliance while reducing latency.

The expansion reinforces Varonis' commitment to providing data visibility across SaaS, IaaS, on-prem, and hybrid environments through their unified platform with AI-powered automation.

Varonis Systems (VRNS) has announced its participation as a Premier Exhibitor at the Gartner Security & Risk Management Summit in Sydney, Australia, scheduled for March 3-4, 2025. The company will showcase its Data Security Platform at booth #210, offering demonstrations of their solutions for risk assessment, exposure remediation, and data attack prevention with AI integration.

A highlight of the event will be a panel session titled 'Executive's Guide to Securing Data in a New Era of Risk', featuring Varonis VP of APAC Scott Leach alongside industry leaders from Allens, a property investment firm, and a national healthcare provider. The session, scheduled for March 3 at 2:45 PM in room C2.3, will focus on strategies for protecting sensitive data in the AI era, addressing data security, compliance, and risk reduction challenges.