Survey: Over 30% of Varonis Users Have Detected Suspicious Insider Activity or Malware in Advance of Serious Security Threats

NEW YORK, Aug. 24, 2015 (GLOBE NEWSWIRE) -- More than 30% of Varonis software users surveyed have proactively detected one or more instances of suspicious insider activity or malware thanks to Varonis. The survey was conducted by Varonis Systems, Inc. (Nasdaq:VRNS), the leading provider of software solutions for unstructured enterprise data.

The Identity Theft Resource Center (ITRC), which has been tracking data breach incidents for ten years, has counted 472 total breaches in 2015 through August 11, involving more than 139 million records. Most of these breaches go undetected for months or even years. The Varonis Metadata Framework, on which its solutions are built, intelligently and non-intrusively collects and analyzes metadata from an enterprise's vast, distributed unstructured data stores, allowing for detailed tracking on otherwise unseen behavior: user access to the largest and fastest-growing kind of data. This approach, user behavior analytics (UBA), watches and baselines what users are doing to detect and alert on anomalous behavior or data access, giving IT staff enough time to prevent an actual breach.

The survey was conducted using an email questionnaire, and more than 140 Varonis customers from multiple industries in the US and UK are represented in the survey sample. Of the 31% of respondents who had detected suspicious insider activity or malware using Varonis, several provided anecdotal information that emphasized how they were able to detect this anomalous activity. Specific accounts included:

  • Being able to detect a user who deployed malware on the day it began
  • Using Varonis DatAdvantage to find CryptoLocker ransomware
  • Identifying the file-downloading actions of a departing employee

The survey also found that 95% of Varonis users are satisfied, very satisfied or extremely satisfied with the software.

David Gibson, Varonis Vice President of Strategy and Market Development, said, "For years we have been helping organizations classify and archive unstructured data, optimize their permissions, and sustain a least-privilege model. These customer survey responses reinforce our belief that in today's threat environment, user behavior analytics has become an essential data security measure. There's no security perimeter anymore, and organizations are beginning to realize that this means they need to start fortifying the controls around the assets they need to protect. It is also gratifying to see that nearly all of our users are benefitting from our software and its ability to easily and proactively improve overall data security. We look forward to continuing to add capabilities and use cases to our solutions and helping many more organizations detect potential threats before they cause serious damage."

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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 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

Source:Varonis Systems, Inc.