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Varonis Announces AI-Powered Data Discovery and Classification

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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.

Varonis Systems, Inc. (Nasdaq: VRNS) ha presentato nuove capacità di scoperta e classificazione dei dati potenziate dall'IA per migliorare la sua piattaforma di sicurezza dei dati. Questo sviluppo offre:

  • Requisiti minimi di formazione con alta precisione
  • Scansione locale dei dati economica senza che i dati lascino gli ambienti dei clienti
  • Modelli IA trasparenti e flessibili per una facile validazione

I nuovi classificatori IA completano il motore di classificazione esistente di Varonis, fornendo un toolkit completo per le organizzazioni per identificare e categorizzare accuratamente i propri tipi di dati unici. Questa innovazione mira a migliorare la prioritizzazione dei rischi, la remediation delle esposizioni e l'applicazione dei controlli di sicurezza.

Varonis Systems, Inc. (Nasdaq: VRNS) ha presentado nuevas capacidades de descubrimiento y clasificación de datos impulsadas por IA para mejorar su plataforma de seguridad de datos. Este avance ofrece:

  • Requisitos mínimos de capacitación con alta precisión
  • Escaneo de datos local rentable sin que los datos abandonen los entornos de los clientes
  • Modelos de IA transparentes y flexibles para una fácil validación

Los nuevos clasificadores de IA complementan el motor de clasificación existente de Varonis, proporcionando un conjunto de herramientas integral para que las organizaciones identifiquen y organicen con precisión sus tipos de datos únicos. Esta innovación tiene como objetivo mejorar la priorización de riesgos, la remediación de exposiciones y la aplicación de controles de seguridad.

Varonis Systems, Inc. (Nasdaq: VRNS)가 데이터 보안 플랫폼을 개선하기 위해 AI 기반 데이터 탐색 및 분류 기능을 새롭게 공개했습니다. 이번 발전은 다음과 같은 이점을 제공합니다:

  • 높은 정확도를 가지면서도 최소한의 교육 요구 사항
  • 고객 환경을 벗어나지 않는 경제적인 로컬 데이터 스캐닝
  • 쉬운 검증을 위한 투명하고 유연한 AI 모델

새로운 AI 분류기는 Varonis의 기존 분류 엔진을 보완하여 조직들이 고유한 데이터 유형을 정확히 식별하고 분류할 수 있는 포괄적인 툴킷을 제공합니다. 이 혁신은 위험 우선순위 지정, 노출 수정 및 보안 통제 시행을 개선하는 것을 목표로 하고 있습니다.

Varonis Systems, Inc. (Nasdaq: VRNS) a dévoilé de nouvelles capacités de découverte et de classification des données alimentées par l'IA pour améliorer sa plateforme de sécurité des données. Cette avancée offre :

  • Des exigences de formation minimales avec une grande précision
  • Une numérisation des données locale rentable sans que les données quittent les environnements des clients
  • Des modèles d'IA transparents et flexibles pour une validation facile

Les nouveaux classificateurs IA complètent le moteur de classification existant de Varonis, fournissant un ensemble d'outils complet pour permettre aux organisations d'identifier et de classer précisément leurs types de données uniques. Cette innovation vise à améliorer la priorisation des risques, la remédiation des expositions et l'application des contrôles de sécurité.

Varonis Systems, Inc. (Nasdaq: VRNS) hat neue KI-gestützte Datenentdeckungs- und Klassifikationsfunktionen vorgestellt, um ihre Datensicherheitsplattform zu verbessern. Diese Neuerung bietet:

  • Minimale Schulungsanforderungen bei hoher Genauigkeit
  • Kostenwirksames Lokalscannen von Daten, ohne dass Daten die Kundensysteme verlassen
  • Transparente und flexible KI-Modelle zur einfachen Validierung

Die neuen KI-Klassifizierer ergänzen die bestehende Klassifizierungsengine von Varonis und bieten ein umfassendes Toolkit für Organisationen, um ihre einzigartigen Datentypen präzise zu identifizieren und zu kategorisieren. Diese Innovation zielt darauf ab, die Risikopriorisierung, die Behebung von Expositionen und die Durchsetzung von Sicherheitskontrollen zu verbessern.

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.

Insights

Varonis' new AI-powered data discovery and classification marks a significant leap in data security technology. The use of Large Language Models (LLMs) for data scanning is particularly noteworthy, as it promises to provide deeper business context with improved precision and scalability. This advancement addresses a critical challenge in data security: accurate and comprehensive classification.

Key innovations include:

  • Minimal training requirements, needing few true positives for high accuracy
  • Local data scanning, enhancing data privacy and reducing costs
  • Transparent and flexible AI models, allowing for easy validation and adaptation
These features potentially give Varonis a competitive edge in the data security market, especially for enterprises with unique or sensitive data types.

This announcement could significantly impact Varonis' market position. The data security market is projected to grow to $55.13 billion by 2029, with a CAGR of 13.8%. Varonis' AI-driven approach could capture a larger share of this expanding market.

Key market implications:

  • Potential for increased customer acquisition and retention
  • Differentiation from competitors still using first-gen AI solutions
  • Possible expansion into new industry verticals with unique data needs
However, the true impact will depend on the solution's real-world performance and Varonis' ability to effectively market these new capabilities to both existing and potential customers.

While specific financial projections aren't provided, this technological advancement could positively impact Varonis' financial performance. Key financial considerations include:

  • Potential for increased revenue through new customer acquisition and upselling to existing clients
  • Improved profit margins due to efficient, local data scanning reducing operational costs
  • Possible increase in R&D expenses in the short term to further develop and refine the AI capabilities
Investors should monitor upcoming quarterly reports for indicators of how this new offering translates into financial performance. The stock may see increased interest if the market recognizes the potential long-term value of this innovation.

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

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.

Varonis Systems, Inc.

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