Varonis Named "Cool Vendor" for Risk Management and Compliance by Leading Analyst Firm
Vendors Selected for the "Cool Vendor" Report are Innovative, Impactful and Intriguing
NEW YORK, NY ‐ April 20, 2009 - Varonis Systems Inc. (www.varonis.com), the leader in unstructured data governance, announced today it has been selected as a "Cool Vendor" in the March 2009 "Cool Vendors in Risk Management and Compliance, 2009" report by Gartner Inc. The report was authored by French Caldwell, Earl Perkins, Roberta J. Witty, Jeffrey Wheatman, John E. Van Decker, Jay Heiser and Richard J. De Lotto.
The Gartner report identifies vendors that "focus tightly on innovative means to resolve the critical weaknesses left by current market solutions." Vendors included in the report "offer real benefits in terms of business performance, information quality and continuity of service, as well as the core proposition of improving effectiveness and reducing the costs of compliance and risk management." Varonis’ Data Governance Suite provides IT administrators and data owners with the intelligence they need to control access to valuable business data by enabling complete visibility to all file and folder access. The software automatically builds permissions management workflow policies by generating recommendations about whose access to company data should be revoked or allowed, empowering data owners to sign off on access rights to their files and mitigate the risks of data misuse. Varonis allows organizations to ensure that data is only being accessed by those with business need ‐ something that proves to be critical as companies increasingly seek data protection to prevent insider breaches or data loss. "We believe that the recognition as a Cool Vendor combined with our record customer acquisitions, is further testament of the incomparable value of our data governance technologies," said Yaki Faitelson, chief executive officer and co-founder of Varonis. "As organizations aim at efficient and accurate file share data protection, Varonis remains the only solution available that can meet the need in a scalable and automated way."