Varonis and Concentrix Forge Partnership to Deliver Data Security for the AI Revolution
Rhea-AI Summary
Varonis Systems (NASDAQ: VRNS) has announced a strategic partnership with Concentrix (NASDAQ: CNXC) to provide comprehensive data security solutions for AI implementation. The collaboration aims to help large enterprises protect sensitive data from exposure through AI agents, chatbots, and LLMs while addressing AI-driven cyber threats.
The partnership combines Varonis' Data Security Platform with Concentrix's services, offering automated data classification, remediation, alerting, and AI readiness monitoring, along with 24/7 Managed Data Detection and Response service. Concentrix, a Fortune 500 company, serves over 155 Fortune Global 500 clients, while Varonis is an established leader in data security.
Positive
- Strategic partnership with Fortune 500 company Concentrix expands market reach
- Access to 155+ Fortune Global 500 client base through Concentrix
- Enhanced service offering with 24/7 Managed Data Detection and Response
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, VRNS declined 2.04%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Industry powerhouses combine forces to provide end-to-end solutions and services for safeguarding data
MIAMI, April 16, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) announced a strategic partnership with Concentrix Corporation (NASDAQ: CNXC) to deliver end-to-end solutions to help large enterprises implement and harness AI safely and effectively while protecting what matters most — data.
The partnership brings together two global security leaders. Concentrix is a Fortune 500 company serving 155+ Fortune Global 500 clients. Varonis is the leader and customer favorite in data security trusted by thousands of organizations to protect data wherever it lives.
The companies will provide technology and services to help organizations reduce sensitive data exposure from AI agents, chatbots, and LLMs, and address AI-driven cyber threats. Varonis’ Data Security Platform will integrate with Concentrix, offering automated data classification, remediation, alerting, and AI readiness monitoring while providing customers with 24/7 Managed Data Detection and Response service.
"AI is transforming business performance, but it’s also introducing new vulnerabilities and placing critical data at risk," said Ryan Peterson, Chief Product Officer at Concentrix. "Our partnership with Varonis enables us to bring to market a robust, turnkey solution that leverages best-in-class automated data security to stop threats before they start. Whether it’s threat detection, vulnerability management, or compliance assurance, we provide our clients with unparalleled security, efficiency, and operational excellence.”
"AI, LLMs, and agentic AI increase data vulnerability," stated Varonis Vice Chairman of Sales Jim O’Boyle. "Endpoint security, MFA, and other technologies are important but don't prevent data breaches. Partial solutions that discover issues or sample data are inadequate. Only automated, end-to-end data security backed by a dedicated team can protect data in the AI era — and that’s why we are thrilled to collaborate with Concentrix.”
Additional Resources
- Find out more about Concentrix's Cybersecurity offerings.
- For more information on Varonis' solution portfolio, please visit www.varonis.com.
About Concentrix: Powering a World That Works
Concentrix Corporation (NASDAQ: CNXC), a Fortune 500® company, is the global technology and services leader that powers the world’s best brands, today and into the future. We’re solution-focused, tech-powered, intelligence-fueled. Every day, we design, build, and run fully integrated, end-to-end solutions at speed and scale across the entire enterprise, helping over 2,000 clients solve their toughest business challenges. With unique data and insights, deep industry expertise, and advanced technology solutions, we’re the intelligent transformation partner that powers a world that works, helping companies become refreshingly simple to work, interact, and transact with. Delivering outcomes unimagined across every major vertical in 70+ markets. Virtually everywhere. Visit concentrix.com to learn more.
About Varonis
Varonis (Nasdaq: VRNS) is the 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), AI security, and insider risk management.
Varonis protects data first, not last. Learn more at www.varonis.com.
Varonis Investor Relations Contact:
Tim Perz
Varonis Systems, Inc.
646-640-2112
investors@varonis.com
Varonis News Media Contact:
Rachel Hunt
Varonis Systems, Inc.
877-292-8767 (ext. 1598)
pr@varonis.com
Concentrix Public Relations Contact:
Concentrix Media
media@concentrix.com
From Fortune ©2024 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 500 are registered trademarks of Fortune Media IP Limited and are used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse the products or services of, Concentrix.
FAQ
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