Varonis Sys Inc Stock Price, News & Analysis

Varonis Systems (NASDAQ: VRNS) has announced integration with OpenAI's ChatGPT Enterprise Compliance API, enhancing security for enterprise AI deployments. The integration enables automatic identification of sensitive data uploads, monitoring of prompts and responses, and prevention of breaches and compliance violations. This development is significant as ChatGPT Enterprise serves over 3 million enterprise users. Key features include automated data classification, continuous session monitoring, and behavior-based threat detection. The system adds an extra security layer against compromised accounts, insider threats, and misuse while complementing OpenAI's existing security features. The integration will be available in private preview, with customers able to request a free Varonis Data Risk Assessment to evaluate their AI readiness.

Varonis Systems (NASDAQ: VRNS) has announced the launch of its Model Context Protocol (MCP) Server, becoming the first data security platform to enable AI integration. This groundbreaking capability allows customers to leverage AI tools like ChatGPT, Claude, and GitHub Copilot to interact with the Varonis Data Security Platform. The MCP Server transforms Varonis into an AI-agnostic engine that can convert simple prompts into automated security actions. Users can perform tasks such as reviewing security alerts, automating remediation workflows, and generating compliance reports through natural language prompts. The platform combines Athena AI within the Varonis UI and agentic AI features to enhance data breach prevention and compliance simplification.

Varonis Systems (NASDAQ: VRNS) has been named a 2025 Customers' Choice in Gartner Peer Insights for Data Security Posture Management (DSPM) for the second consecutive year. The company achieved exceptional customer satisfaction metrics with a 4.9/5 star rating from 149 reviews and a 99% recommendation rate. Customers particularly praised Varonis's support experience (4.9/5 stars) and product capabilities (4.8/5 stars). The recognition highlights Varonis's strong position in the data security market, with multiple customer testimonials emphasizing the platform's effectiveness in data governance, security, and automation. CMO Rob Sobers attributes this success to the company's continuous innovation and dedication to helping organizations improve their cyber resilience and reduce data risk through automation.

Varonis Systems (NASDAQ: VRNS) has announced Varonis Identity Protection, a significant enhancement to its Data Security Platform that combines identity and data security capabilities. The new solution addresses a critical gap in traditional identity security tools by providing unified visibility and control over both data and identities. The platform uniquely calculates the potential data exposure risk ('blast radius') of compromised identities and distinguishes between human and non-human users. Key features include machine learning-based identity classification, peer and behavior analysis, Identity Threat Detection & Response (ITDR), and automated identity posture management. The system integrates with major identity providers like Entra ID, Okta, and Active Directory, while enhancing Varonis' Managed Data Detection and Response (MDDR) service. This development positions Varonis as a Leader in Identity Threat Detection and Response according to GigaOm.

Varonis Systems (NASDAQ: VRNS) has announced its participation schedule for Infosecurity Europe 2025, taking place June 3-5 at ExCeL London. The company will showcase its data security solutions at Booth D60, focusing on AI-era security challenges. The event features three expert sessions: 1. "CISO Secrets: Strengthening Cyber Resilience in 2025" by Dr. William Priestley (June 3, 12 PM) 2. "Modernizing DLP for Today's Threat Landscape" by Matt Lock (June 3, 3:15 PM) 3. "Mastering Proactive SaaS Data Security" by Dave Philpotts (June 4, 12 PM) Visitors can learn about Varonis' solutions for IaaS and SaaS security, data protection, and automated compliance with privacy regulations.

A new report from Varonis (VRNS) reveals alarming statistics about AI-related data security risks across 1,000 organizations. The study analyzed nearly 10 billion cloud resources, encompassing over 20 petabytes of data across major platforms like AWS, Azure, and Google Cloud. Key findings show that 99% of organizations have sensitive data unnecessarily exposed to AI tools, while 90% of sensitive cloud data, including AI training data, remains accessible to AI tools. Additionally, 98% have unverified apps including shadow AI, 1 in 7 organizations don't enforce MFA across their cloud environments, and 88% have ghost users in their systems. The report emphasizes the critical need for data-centric security approaches to prevent AI-related data breaches while organizations rapidly adopt AI technologies.

Varonis Systems (NASDAQ: VRNS) has achieved a significant milestone by becoming the first Data Security Platform to receive Federal Risk and Authorization Management Program (FedRAMP) Authorization. This certification validates that Varonis' cloud-native platform meets stringent security requirements for U.S. federal agencies. The platform's key capabilities include continuous critical data discovery and classification, automated access management, and AI-powered threat detection.

The FedRAMP Moderate Authorization was granted after passing a comprehensive third-party assessment. The platform supports various federal compliance mandates including NIST 800-53, OMB M-21-31, M-22-09, and CISA Zero Trust guidance. This certification positions Varonis as a preferred choice for both public sector organizations and private enterprises requiring high security standards.

Varonis Systems (NASDAQ: VRNS), a data security leader, has announced its participation in three major upcoming investor conferences in May and June 2025:

• J.P. Morgan Global Technology Conference in Boston (May 13-15), presenting on May 15 at 8:40 a.m. ET
• TD Cowen Technology Conference in New York (May 28-29), presenting on May 28 at 1:15 p.m. ET
• William Blair Growth Stock Conference in Chicago (June 3-5), presenting on June 4 at 12:40 p.m. CT

All presentations will be webcast live and temporarily archived on Varonis' investor relations website at ir.varonis.com.

Varonis Systems (VRNS) reported strong Q1 2025 results with total revenues of $136.4 million, up from $114.0 million in Q1 2024. The company's SaaS revenues surged to $88.6 million from $34.0 million year-over-year, with SaaS ARR representing 61% of total ARR. Total ARR grew 19% to $664.3 million. Despite a GAAP operating loss of $43.8 million, the company generated strong cash flows with $68.0 million from operations and $65.3 million in free cash flow. Varonis maintains a robust balance sheet with $1.2 billion in cash and equivalents. The company raised its full-year 2025 guidance, projecting ARR of $742.0-$750.0 million and revenues of $610.0-$625.0 million. Notable achievements include the acquisition of Cyral, launch of Varonis for Agentforce, and recognition as a Leader by Forrester.