Varonis Expands Salesforce Security Offering With New Automated Remediation Capabilities

Rhea-AI Summary

Varonis Systems, Inc. (Nasdaq: VRNS) has unveiled new automated remediation capabilities for its Salesforce security offering at Dreamforce 2024. The enhanced solution now includes four new features designed to automatically identify and eliminate data security risks in Salesforce environments. These additions expand Varonis' library of automations, ensuring continuous data security across customers' data estates.

Key capabilities of the updated Varonis solution include:

• Preventing sensitive data exfiltration by specific users
• Identifying and addressing non-expiring passwords
• Controlling third-party API connections
• Ensuring proper data access permissions

Varonis is exhibiting as a Navigator Level sponsor at Dreamforce 2024, showcasing its enhanced Salesforce security solutions at booth #1320.

Positive

• Introduction of four new automated remediation features for Salesforce security
• Enhanced capabilities to prevent data exfiltration and control API connections
• Improved ability to identify and address non-expiring passwords
• Expansion of automation library for continuous data security

Negative

• None.

Insights

Tech Expert

Varonis' new automated remediation capabilities for Salesforce security represent a significant advancement in SaaS Protection. This expansion addresses critical vulnerabilities in data access and user privileges, which are often overlooked in complex Salesforce environments. The introduction of features to prevent data exfiltration, manage password policies, control API connections and ensure proper data access aligns with the growing need for proactive security measures in cloud-based systems.

From a technical standpoint, the ability to automate these security processes is crucial. It reduces the manual workload on IT teams and minimizes human error, which is often the root cause of data breaches. The focus on real-time monitoring and automated remediation sets Varonis apart in the SSPM (SaaS Security Posture Management) market, potentially giving them a competitive edge.

However, the effectiveness of these new features will depend on their seamless integration with existing Salesforce workflows and their ability to handle large-scale environments without impacting performance. The true test will be in the real-world implementation and customer feedback over the coming months.

Financial Analyst

This product expansion could have a positive impact on Varonis' financial performance. The Salesforce ecosystem is vast, with over 150,000 customers globally, presenting a significant market opportunity for Varonis. By addressing critical security concerns in Salesforce environments, Varonis is tapping into a high-demand area of cybersecurity.

The timing of this announcement at Dreamforce 2024, Salesforce's flagship event, is strategically sound. It provides maximum visibility to potential customers and could lead to increased sales pipeline. However, investors should note that the revenue impact may not be immediate, as enterprise software sales cycles can be lengthy.

Varonis' stock (NASDAQ: VRNS) may see a positive reaction to this news, especially if the company can demonstrate strong adoption rates in the coming quarters. The expansion of their product offering could also lead to higher average contract values and improved customer retention rates, both key metrics for SaaS companies. Investors should monitor the company's upcoming earnings reports for indicators of success in this new product area.

Customers can now reduce data security risk with one of the leading SSPM solutions

NEW YORK and SAN FRANCISCO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) today announced at Dreamforce 2024 new capabilities that help customers automatically identify and eliminate data security risks. With this new release, Varonis introduced four remediation features, adding to its library of powerful automations that help ensure always-on data security across your data estate.

Unlike other tools that only surface problems, Varonis shows where sensitive data is at risk and solves issues at scale with automation. Varonis helps customers understand their Salesforce data security posture in real time and helps ensure only the right people can access sensitive data. Varonis identifies misconfigurations, excessive permissions, and suspicious activity that put data at risk.

With Varonis, customers can:

• Prevent users from stealing sensitive data. Salesforce environments hold troves of critical data and Varonis helps identify and prevent specific users from exfiltrating reports.
• Find and eliminate passwords that never expire. Non-expiring passwords place organizations at risk and can violate compliance rules. Varonis shows which users have passwords that never expire so you can take action.
• Control third-party API connections. APIs grant access to sensitive data in Salesforce. Varonis prevents unauthorized users from granting third-party authentication providers access to Salesforce organizations through API integrations.
• Ensure users see only what they’re meant to see. Varonis helps ensure users can’t access sensitive data they shouldn’t see.

Comments on the News

• “Over-privileged users, wide-open sharing links, and questionable configs create pathways to sensitive data that put critical data at risk,” said Varonis Field CTO Brian Vecci. “Managing and mitigating risk demands visibility and automation — Varonis helps customers secure their Salesforce environments and protect them over time.”
  

Varonis Exhibiting at Dreamforce 2024

Varonis is a Navigator Level sponsor at Dreamforce 2024. Varonis is exhibiting at booth #1320, showcasing how to solve common security challenges, reduce your blast radius, and improve your SaaS security posture in Salesforce.

Salesforce, Dreamforce, and others are among the trademarks of Salesforce, Inc.

Additional Resources

• Learn more on the Varonis blog.
• Hear what our customers are saying.
• Read more about Varonis for Salesforce.
• 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 features did Varonis (VRNS) announce for its Salesforce security offering?

Varonis announced four new automated remediation features for its Salesforce security offering, including capabilities to prevent data exfiltration, identify non-expiring passwords, control third-party API connections, and ensure proper data access permissions.

When and where did Varonis (VRNS) announce its expanded Salesforce security offering?

Varonis announced its expanded Salesforce security offering at Dreamforce 2024 on September 17, 2024.

How does Varonis (VRNS) help customers secure their Salesforce environments?

Varonis helps customers secure their Salesforce environments by identifying misconfigurations, excessive permissions, and suspicious activity that put data at risk. It also provides automated remediation capabilities to eliminate security risks and ensure only authorized users can access sensitive data.

Where is Varonis (VRNS) exhibiting its Salesforce security solutions at Dreamforce 2024?

Varonis is exhibiting its Salesforce security solutions at booth #1320 as a Navigator Level sponsor at Dreamforce 2024.