$VRNS – Gartner Analysts Recognize Varonis in New Market Guide for User and Entity Behavior Analytics

NEW YORK, Oct. 19, 2015 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq:VRNS), the leading provider of software solutions for unstructured, human-generated enterprise data, has been recognized by Gartner as a “Representative Vendor” in its new Market Guide for User and Entity Behavior Analytics (UEBA).

In its market analysis, Gartner highlights the advantages of using UEBA to detect malicious or abusive behavior that often goes unnoticed by existing monitoring systems such as SIEM and DLP. Among its recommendations, Gartner says that “CIOs, chief information security offices (CISOs) and security managers should:

  • Use UEBA to detect insider threats and external hackers and choose vendors with solutions that align with your use cases, for example, security monitoring or data exfiltration.
  • Operationalize UEBA by sending alerts to security orchestration, ticketing and workflow systems.
  • Favor UEBA vendors who profile multiple entities including users and their peer groups and devices, and who use machine learning to detect anomalies. These features enable more accurate detection of malicious or abusive users.”

Authored by Gartner analyst Avivah Litan, the guide predicts: “Over the next three years, leading UEBA platforms will become preferred systems for security operations and investigations at some of the organizations they serve. It will be – and in some cases already is – much easier to discover some security events and analyze individual offenders in UEBA than it is in many legacy security monitoring systems.”

David Gibson, Varonis Vice President of Strategy and Market Development, said, “In today’s threat environment, user and entity behavior analytics have become an essential data security measure. The perimeter no longer exists in a practical sense anymore, and organizations are beginning to realize that this means they need to start fortifying the controls around the assets they need to protect. Varonis has always used user behavior analytics through our recommendations and alerts, but this is just a subset of what we do. We are pleased to be included by Gartner as serving this important category and are especially encouraged that Varonis solutions are so closely aligned with Gartner’s recommendations. We look forward to continuing to add capabilities and use cases to our portfolio and helping many more organizations detect potential threats before they cause serious damage.”  

In assessing the market growth of UEBA technologies, the Gartner report states: “The UEBA market grew faster and matured more quickly than Gartner anticipated a year ago. Gartner expects UEBA market revenue will climb to almost $200 million by the end of 2017, up from less than $50 million today.”

The Varonis Metadata Framework is the basis for a wide range of use cases including UEBA, sensitive data classification and remediation, identity and access rights management, enterprise search, and storage reduction. Thousands of organizations around the world rely on Varonis to curtail over-exposure of their most valuable and sensitive data and help prevent the inevitable network breaches for causing harm.

For information on Varonis’ solution portfolio, please visit www.varonis.com and join the conversation on FacebookTwitterLinkedIn, and YouTube.

Source: Gartner, Market Guide for User and Entity Behavior Analytics, September 22, 2015

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Varonis

Varonis is the leading provider of software solutions for unstructured, human-generated enterprise data. Varonis provides an innovative software platform that allows enterprises to map, analyze, manage and migrate their unstructured data. Varonis specializes in human-generated data, a type of unstructured data that includes an enterprise’s spreadsheets, word processing documents, presentations, audio files, video files, emails, text messages and any other data created by employees. This data often contains an enterprise’s financial information, product plans, strategic initiatives, intellectual property and numerous other forms of vital information. IT and business personnel deploy Varonis software for a variety of use cases, including user behavior analytics, data governance, data security, archiving, file synchronization, enhanced mobile data accessibility and information collaboration. As of June 30, 2015, Varonis had approximately 3,750 customers, spanning leading firms in the financial services, public, healthcare, industrial, energy & utilities, technology, consumer and retail, education and media & entertainment sectors.

CONTACT: News Media Contact:
         Natalie Rizk
         CTP
         617-412-4000 x227
         nrizk@ctpboston.com

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