Varonis releases flagship Data Security Platform as a SaaS

Varonis has announced the early availability of its flagship Data Security Platform as a SOC 2-compliant SaaS.

The company says its SaaS Data Security Platform is intended to help simplify deployment and deliver quantifiable data security outcomes, with less manual effort and a low total cost of ownership (TCO). 

The new offering is also said to unlock faster threat models and policy updates, along with proactive threat detection and response and autonomous risk reduction.

Varonis says that because of the comprehensive ranging services included in the offering, overburdened security teams responsible for protecting complex hybrid data environments will be able to quickly access vital data to help stamp out threat actors and possible issues.

Real-time visibility will allow users to continually discover, classify, and prioritise sensitive data risk with an accurate view of data security posture.

Autonomous risk reduction also harnesses intelligent automation, and businesses can enforce Zero Trust without breaking business processes.

Businesses will also have the ability to transparently monitor data access activity and quickly respond to anomalous behaviour.

"Today marks a significant milestone in our history. We are announcing the early availability of the Varonis Data Security Platform as a SaaS delivery model," says Yaki Faitelson, Varonis CEO.

"Our new SaaS offering is quick to deploy, easy to maintain, and provides our customers with the automated detection and protection capabilities they need to stay ahead of bad actors. Taken together, these enhancements create significant value for our customers."

Varonis has a range of products that they say address additional important use cases, including data protection, data governance, Zero Trust, compliance, data privacy, classification, and threat detection and response.

The Varonis Data Security Platform detects cyber threats from both internal and external actors by analysing data, account activity, and user behaviour; prevents and limits disaster by locking down sensitive and stale data; and efficiently sustains a secure state with automation. 

Last month, the company announced a force multiplier for Salesforce admins to help create better outcomes for users and also added enhancements to its Data Classification Cloud solution.

The company's latest financial results were also recently revealed, with annual recurring revenue reported to have grown 26% year-over-year and total revenue growth standing at 23% year-over-year.

Varonis started operations in 2005 and has customers spanning a range of firms in the financial services, public, healthcare, industrial, insurance, energy and utilities, technology, consumer and retail, media and entertainment, and education sectors.