Varonis Announces AI-Powered Data Discovery and Classification

Rhea-AI Summary

Varonis Systems, Inc. (Nasdaq: VRNS) has unveiled new AI-powered data discovery and classification capabilities to enhance its data security platform. This advancement offers:

• Minimal training requirements with high accuracy
• Cost-effective local data scanning without data leaving customer environments
• Transparent and flexible AI models for easy validation

The new AI classifiers complement Varonis' existing classification engine, providing a comprehensive toolkit for organizations to accurately identify and categorize their unique data types. This innovation aims to improve risk prioritization, exposure remediation, and security control enforcement.

Positive

• Introduction of AI-powered data discovery and classification capabilities
• Minimal training requirements for AI classifiers with high accuracy
• Cost-effective local data scanning without data leaving customer environments
• Transparent and flexible AI models for easy validation
• Expansion of existing classification capabilities

Negative

• None.

New LLM-driven data scanning gives customers deeper business context with remarkable precision and scale

NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced powerful new AI capabilities that enhance its industry-leading data classification engine. Using novel machine learning techniques, Varonis can automatically discover, understand, and classify customers’ unique data better than ever.

Without accurate and complete data classification, it’s impossible to prioritize risk, remediate exposures, or enforce downstream security controls. With the addition of AI classification, Varonis expands its already vast classification capabilities to provide teams with a deep arsenal to choose the right tool for the job.

Unlike first-gen AI solutions, which require extensive training data sets and struggle with accuracy, Varonis’ next-gen AI data classification offers:

• Minimal training requirements. Varonis’ trainable AI classifiers require very few true positives to achieve high accuracy.
• Cost-effective local data scanning. Varonis’ AI models are efficient and cost-effective enough to run on local compute. Customer data doesn’t have to leave their environment for scanning.
• Transparency and flexibility. Varonis’ AI models are not black boxes. They are adaptable and easy to validate.
  

“Every Varonis customer is different, each with its own proprietary data types and formats,” said David Bass, Varonis EVP of Engineering and Chief Technology Officer. “By combining the power of trainable AI classifiers and Varonis’ battle-tested classification, organizations can reap the benefits of multiple techniques for maximum accuracy, performance, and cost.”

AI data discovery and classification is available now. Contact Varonis to learn more about how the Varonis Data Security Platform automatically discovers critical data, ensures only the right people have access, and detects threats in real time.

Additional Resources

• Learn more on the Varonis blog.
• Read more about Varonis data discovery and classification.
• See Varonis in action: schedule a 30-minute demo.
• Check out these Varonis integrations.
• For more information on Varonis' solution portfolio, please visit 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
investors@varonis.com

News Media Contact:
Rachel Hunt
Varonis Systems, Inc.
877-292-8767 (ext. 1598)
pr@varonis.com

FAQ

What new AI capabilities has Varonis (VRNS) announced for data classification?

Varonis has announced AI-powered data discovery and classification capabilities that offer minimal training requirements, cost-effective local data scanning, and transparent, flexible AI models for improved accuracy and efficiency in identifying and categorizing unique data types.

How does Varonis' (VRNS) new AI classification differ from first-generation AI solutions?

Unlike first-gen AI solutions that require extensive training data and struggle with accuracy, Varonis' next-gen AI classification requires very few true positives for high accuracy, uses local compute for cost-effective scanning, and offers transparent, adaptable models that are easy to validate.

When will Varonis' (VRNS) AI data discovery and classification be available?

Varonis' AI data discovery and classification capabilities are available now, as stated in the press release from August 6, 2024.

What are the main benefits of Varonis' (VRNS) new AI-powered data classification?

The main benefits include improved accuracy in identifying unique data types, enhanced risk prioritization, better exposure remediation, more effective security control enforcement, and a comprehensive toolkit that combines AI classifiers with existing classification techniques.