Varonis Systems named a Leader in GigaOm's Data Security Platforms report, recognized for innovation and comprehensive data protection.
Quiver AI Summary
Varonis Systems, Inc. has been recognized as a Leader and Outperformer in the GigaOm Radar Report for Data Security Platforms due to its continued innovation and comprehensive solutions. The report highlights Varonis' strong performance in key areas such as behavior analytics and security integrations, noting its extensive platform for protecting both structured and unstructured data across various environments. Varonis is committed to enhancing its capabilities, particularly with AI advancements, to better identify threats and improve operational efficiency. The company aims to secure critical data in the cloud effectively, and Brian Vecci, Varonis Field CTO, expressed pride in being acknowledged as an established leader in the data security sector.
Potential Positives
- Varonis Systems, Inc. was recognized as a Leader and Outperformer in the GigaOm Radar Report for Data Security Platforms, highlighting its strong position in the data security market.
- The company received exceptional five-star ratings in key categories such as behavior analytics and security stack integrations, indicating a high level of performance and customer satisfaction.
- The report emphasizes Varonis' ongoing commitment to innovation and investment in AI, which is expected to enhance threat identification and operational efficiency.
- Varonis' Data Security Platform was noted for its comprehensive coverage of protected repositories and good integrations with existing technologies, which may strengthen its appeal to potential customers.
Potential Negatives
- None
FAQ
What recent recognition did Varonis Systems receive?
Varonis was named a Leader and Outperformer in the GigaOm Radar Report for Data Security Platforms.
What categories did Varonis excel in according to the report?
Varonis received five-star ratings in behavior analytics, security stack integrations, and service integrations.
What is the significance of the Athena Copilot feature?
Athena Copilot aims to improve operational efficiency by enhancing threat identification using AI technology.
How does Varonis protect data?
Varonis protects structured and unstructured datasets across on-premises and cloud environments using its comprehensive Data Security Platform.
Where can I find more information about Varonis?
Visit Varonis' official website at www.varonis.com for details about their solutions and offerings.
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:
- JAMES O'BOYLE (Vice Chairman - Sales) has made 0 purchases and 3 sales selling 125,000 shares for an estimated $6,816,054.
- GUY MELAMED (CFO and COO) has made 0 purchases and 2 sales selling 91,345 shares for an estimated $4,905,444.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$VRNS Hedge Fund Activity
We have seen 164 institutional investors add shares of $VRNS stock to their portfolio, and 156 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, for an estimated $214,770,173
- GREENVALE CAPITAL LLP added 1,400,000 shares (+inf%) to their portfolio in Q3 2024, for an estimated $79,100,000
- DRIEHAUS CAPITAL MANAGEMENT LLC added 1,349,464 shares (+inf%) to their portfolio in Q3 2024, for an estimated $76,244,716
- FMR LLC removed 1,160,952 shares (-37.5%) from their portfolio in Q3 2024, for an estimated $65,593,788
- ASSENAGON ASSET MANAGEMENT S.A. added 995,274 shares (+761.6%) to their portfolio in Q4 2024, for an estimated $44,220,023
- LORD, ABBETT & CO. LLC added 859,025 shares (+67.7%) to their portfolio in Q3 2024, for an estimated $48,534,912
- GOLDMAN SACHS GROUP INC added 634,163 shares (+52.9%) to their portfolio in Q3 2024, for an estimated $35,830,209
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) --
Varonis Systems, Inc.
(Nasdaq: VRNS), a leader in data security, today announced it was named a Leader and Outperformer in the GigaOm Radar Report for Data Security Platforms.
Varonis was classified as a Leader and Outperformer in the Maturity/Platform Play quadrant “given its continued leadership in the space,” according to the report. Varonis also received exceptional five-star ratings in several Key Criteria categories, including behavior analytics, security stack integrations, and service integrations.
According to the report, Varonis “continues to innovate and build capabilities into its already extensive platform.” “Customers can expect continued investment in AI to help more accurately identify threats, as well as the development of Athena Copilot to help improve operational efficiency," the report continues.
GigaOm cited Varonis' "very broad coverage of protected repositories, providing protection to structured and unstructured datasets across on-premises and cloud environments," and noted the company's Data Security Platform “is comprehensive and designed to be deployed broadly, with good integrations into existing technologies, including EDR platforms.”
“We are honored to be recognized as a category leader as well as a Leader and Outperformer in GigaOm's Radar Report for Data Security Platforms," said Brian Vecci, Varonis Field CTO. "The report spotlights our position as an established and innovative category leader and confirms our ongoing commitment to securing critical data in the cloud with industry-leading automation.”
Additional Resources
Read more
about Varonis' leadership spot in the new report.
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
.
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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
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
