Varonis Accelerates Secure Adoption of Microsoft Copilot for Microsoft 365
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The strategic collaboration between Varonis Systems and Microsoft signifies a crucial step in ensuring that the deployment of AI in enterprise environments does not compromise data security. The integration of Varonis' security platform with Microsoft 365 is designed to provide a comprehensive data security posture, which is essential as businesses increasingly rely on AI to process and analyze vast amounts of data. The ability to continuously quantify security posture, discover and classify data at scale and enforce data loss prevention measures is particularly relevant in the context of the high-profile data breaches that have raised concerns about the vulnerability of sensitive information.
From a cybersecurity perspective, the collaboration enhances the existing Microsoft 365 framework by introducing additional layers of security, such as least-privilege access controls and monitoring of sensitive data activity. These measures aim to prevent unauthorized access and mitigate risks associated with abnormal behavior. The integration also leverages Varonis Athena AI to facilitate natural language-based investigations, which can streamline the process of identifying and addressing potential threats.
Overall, the partnership reflects the industry's recognition of the importance of robust cybersecurity measures in the age of AI and it sets a precedent for similar collaborations aimed at reinforcing data protection in cloud-based environments.
The strategic alliance between Varonis Systems and Microsoft has significant implications for data privacy and compliance. The enhanced security model that Varonis brings to Microsoft 365 users is a proactive measure to address the complex regulatory landscape surrounding data protection. With the integration, companies can ensure compliance with data privacy laws such as the GDPR, HIPAA and others that require stringent data handling and protection protocols.
By applying Microsoft Purview Information Protection labels and enforcing data loss prevention policies, organizations can demonstrate their commitment to data privacy. This is particularly important as regulators and consumers alike demand greater transparency and accountability in how companies manage personal data. The ability to conduct in-depth investigations and risk analysis using natural language processing is a forward-thinking approach that can simplify compliance management and reduce the risk of penalties associated with non-compliance.
Furthermore, the provision of a free Varonis Data Risk Assessment underscores the importance of evaluating an organization's readiness to adopt AI-driven tools while maintaining compliance with data protection standards. As such, this collaboration is a strategic move that not only enhances security but also supports organizations in navigating the ever-evolving regulatory requirements in data privacy.
The announcement of the collaboration between Varonis Systems and Microsoft is likely to have a positive impact on the financial performance of both companies. For Varonis, the integration with a tech giant like Microsoft can lead to increased visibility and potentially drive higher adoption rates of its data security platform. This could result in an uptick in revenue, particularly as businesses seek to leverage AI capabilities while ensuring data security and compliance. The availability of the Varonis platform on the Azure Marketplace further simplifies procurement for customers, potentially increasing sales velocity.
From Microsoft's perspective, the partnership enhances the value proposition of Microsoft 365 by addressing potential security concerns associated with the deployment of Microsoft Copilot for Microsoft 365. This could lead to increased customer retention and attract new users who prioritize data security in their operations. Additionally, the integration serves as a differentiator in the competitive cloud services market, potentially impacting Microsoft's market share positively.
Investors in both companies may view the collaboration as a strategic growth initiative, reinforcing the importance of cybersecurity in the AI era and potentially leading to long-term financial benefits. However, the actual impact on the stock performance will depend on the market's perception of the collaboration's effectiveness and the subsequent financial results reported by both companies.
Integration lays the foundation for secure and compliant deployment of Microsoft Copilot for Microsoft 365
NEW YORK, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced a strategic collaboration with Microsoft to help companies safely harness the power of AI. The integration helps joint customers continually assess and improve their Microsoft 365 data security posture before, during, and after they deploy Microsoft Copilot for Microsoft 365.
The security model for Copilot for Microsoft 365 relies on a user's existing Microsoft 365 permissions to determine which files, emails, chats, notes, etc. can be used to generate AI responses. These information protection capabilities give you the tools to know your data, protect your data, and prevent data loss. Complementing Microsoft 365's built-in data protection features, Varonis provides customers with other options in how to manage and optimize an organization's data security model, preventing data exposure by ensuring only the right people can access sensitive data at all times.
Available on Azure Marketplace, the Varonis Data Security Platform's deep Microsoft 365 integration helps security teams continuously:
- Quantify their Microsoft 365 data security posture in real-time
- Discover and classify data at scale (including AI-generated content)
- Apply Microsoft Purview Information Protection labels required for effective data loss prevention (DLP)
- Enforce least-privilege access controls
- Monitor sensitive data activity and alert on abnormal behavior
- Find and archive stale, risky data
"IT and security teams want to ensure that excessive permissions, collaboration links, and mislabeled files won't lead to unintentional data exposure when they deploy Microsoft Copilot for Microsoft 365," said David Bass, Varonis Executive VP of Engineering and Chief Technology Officer. "Varonis takes that concern off the table so users can enjoy the power of Microsoft's AI immediately."
Anat Gil, Partners Lead, Microsoft South-East Europe added, "Varonis' integration gives customers the added security and compliance controls necessary to quickly and confidently adopt Microsoft Copilot for Microsoft 365."
The integration complements Microsoft's native security features, enhancing sensitive data discovery and classification, DLP policy enforcement, threat detection, and compliance management. Additionally, with Varonis Athena AI, built atop Microsoft Azure OpenAI Service, security teams can use natural language to conduct in-depth investigations and risk analysis.
Organizations can request a free Varonis Data Risk Assessment to evaluate their AI readiness and start their Microsoft Copilot for Microsoft 365 journey right from the Azure Marketplace.
Additional Resources
- Start a Varonis Data Risk Assessment from the Azure Marketplace.
- See Varonis in action: schedule a 30-minute demo.
- For more information on Varonis' solution portfolio, please visit www.varonis.com.
- Visit our blog and join the conversation on X (Twitter), LinkedIn, and YouTube.
About Varonis
Varonis (Nasdaq: VRNS) is a leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.
Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), and insider risk management.
Varonis protects data first, not last. Learn more at www.varonis.com.
Investor Relations Contact:
Tim Perz
Varonis Systems, Inc.
646-640-2112
investors@varonis.com
News Media Contact:
Rachel Hunt
Varonis Systems, Inc.
877-292-8767 (ext. 1598)
pr@varonis.com
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