Varonis DatAdvantage Gives Rabobank Full Control Over Data Access and Permissions; Enables Regulatory Compliance

NEW YORK, Nov. 12, 2015 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (NASDAQ:VRNS), the leading provider of software solutions for unstructured, human-generated enterprise data, today detailed how its DatAdvantage for Windows and DatAdvantage for SharePoint solutions help Rabobank, a Dutch multinational banking and financial services company headquartered in Utrecht, the Netherlands, control its data access and permissions and enable regulatory compliance.

Full Visibility into Data Ownership, Full Control over Permissions Management: With so much unstructured data, including application data and departmental information, Rabobank needs to know that this data is only accessible by the people who should have access, and that data owners are formally assigned.Varonis DatAdvantage for Windows and DatAdvantage for SharePoint ensure that only the right people have access to the right data at all times, all access is monitored, and abuse is flagged.

"With all kinds of sensitive, unstructured data mixed up in one location, we needed to determine who initiated this data, who was responsible for this data, who was using it, and which user should and shouldn't have access," said Sebastiaan van Putten, technical engineer, Rabobank. "Varonis DatAdvantage provides us with actionable intelligence on which excess file permissions and group memberships can be safely removed without affecting business processes."

Reduce Risk and Full Compliance with a Least-Privilege Access Model: Without a logical or optimal permission structure in place, it was nearly impossible to identify who was working with the data and to which department it belonged. With DatAdvantage, it's easy for Rabobank to see who's doing what because the solution tracks and monitors file activity, analyses user behaviour, reports on all activity happening on file servers, and makes permissions management straightforward.

According to van Putten, "Varonis DatAdvantage has greatly helped us identify owners of unstructured data because of its bi-directional view on permissions − all necessary information like groups, users, and folders are available. DatAdvantage presents this data in a useful way so that we can easily share the results with the business and determine the best way to organise and control our unstructured data."

Enable Regulatory Compliance: Rabobank needed to prove it could control access to corporate and customer data as part of the financial industry's many regulatory requirements. Also, with a presence in over 70 countries, Rabobank required a solution that would be capable of managing data access and control across a global organization. With DatAdvantage, Rabobank can intelligently identify and govern who owns and can access which data, and receive alerts and reports that satisfy all regional compliance regulations.

"DatAdvantage also automatically generates regulatory driven reports, which are required on a monthly basis as part of the financial industry in which we operate," concluded van Putten.

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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 September 30, 2015, Varonis had approximately 4,000 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 Boston (609) 610-4471

Source:Varonis Systems, Inc.