Latest news with #YakiFaitelson


Channel Post MEA
04-07-2025
- Business
- Channel Post MEA
Varonis and Microsoft Join Forces to Secure AI
Varonis Systems has announced a strategic partnership with Microsoft to help secure the next generation of workplace AI. The companies will build upon existing product innovations that help organizations securely adopt Microsoft Copilot. The partnership will also deepen the integration between the Varonis Data Security Platform and Microsoft's security portfolio — including Microsoft Purview — to deliver automated protection for sensitive data across the Microsoft ecosystem and beyond. The agreement lays out an engineering-led plan to solve one of the foundational challenges of the AI era — preventing AI tools, agents, and LLMs from accessing unauthorized data. 'Varonis built a world-class SaaS architecture on Microsoft Azure that protects the world's data and accelerates secure AI adoption,' said Yaki Faitelson, CEO and Co-Founder of Varonis. 'We are excited to expand our partnership with Microsoft, combining their innovation in AI with Varonis' deep expertise in data security.' 'Varonis' SaaS platform integrates the most advanced capabilities in Microsoft Azure,' said Nick Parker, President of Industry and Partnerships at Microsoft. 'Through our collaboration with Varonis, we are empowering customers to embrace AI securely and confidently with enterprise-wide data security and governance powered by Microsoft Purview and Varonis.' As part of the collaboration, Varonis' integration with Microsoft Purview aims to deliver unified data classification, permissions enforcement, and policy management — not only for Microsoft 365 and Azure, but also across leading SaaS and multi-cloud platforms like Salesforce, Databricks, and ServiceNow. This integration will help customers proactively reduce risk and simplify compliance — especially as AI and agent-based applications expand across the enterprise.


Techday NZ
01-07-2025
- Business
- Techday NZ
Varonis, Microsoft deepen partnership to secure enterprise AI
Varonis has entered a strategic partnership with Microsoft aimed at enhancing data security, governance, and compliance for organisations adopting artificial intelligence technologies. The partnership will build upon existing product offerings that support secure implementation of Microsoft Copilot and deepen the integration between the Varonis Data Security Platform and Microsoft's suite of security tools. This will encompass Microsoft Purview and expand to deliver automated protection for sensitive data within the Microsoft ecosystem and additional environments. Both companies have committed to an engineering-driven plan focused on addressing the risks posed by unauthorised access to data from AI tools, agents and large language models (LLMs), which is increasingly a concern as the use of workplace AI grows. Yaki Faitelson, Chief Executive Officer and Co-Founder of Varonis, commented on the development: "Varonis built a world-class SaaS architecture on Microsoft Azure that protects the world's data and accelerates secure AI adoption. We are excited to expand our partnership with Microsoft, combining their innovation in AI with Varonis' deep expertise in data security." Nick Parker, President of Industry and Partnerships at Microsoft, also reflected on the partnership: "Varonis' SaaS platform integrates the most advanced capabilities in Microsoft Azure. Through our collaboration with Varonis, we are empowering customers to embrace AI securely and confidently with enterprise-wide data security and governance powered by Microsoft Purview and Varonis." The integration of Varonis with Microsoft Purview is expected to offer unified data classification, permissions enforcement, and policy management capabilities. This will target not only Microsoft 365 and Azure, but is also projected to extend to major SaaS and multi-cloud platforms such as Salesforce, Databricks, and ServiceNow. Through this collaboration, organisations are expected to improve their ability to proactively reduce risk and streamline compliance efforts, particularly as the deployment of AI-driven and agent-based applications becomes more widespread in enterprise settings. The announcement highlights the increasing focus on securing data integrity and compliance controls in the context of advanced technologies. The emphasis on automating protection and simplifying rule management for sensitive data reflects industry priorities as organisations continue to deploy AI-centric solutions. The Varonis and Microsoft partnership signals ongoing cooperation between data security and cloud infrastructure providers as businesses adapt security and governance frameworks for evolving digital and regulatory environments. Varonis is encouraging organisations to take a data-centric approach to cybersecurity by securing what it calls their "most valuable and vulnerable asset" with its unified data security platform. The company's platform provides comprehensive protection, enabling businesses to reduce their blast radius and prevent data breaches by securing sensitive information directly at the source. With increasing threats targeting unstructured data across cloud and on-premises environments, Varonis continues to position its solution as a critical layer of defence in a modern security strategy. Follow us on: Share on:
Yahoo
28-06-2025
- Business
- Yahoo
Varonis (VRNS) Unlocks Real-Time Data Security with AI-Powered MCP Server
Varonis Systems, Inc. (NASDAQ:VRNS) is one of . Varonis Systems, Inc. (NASDAQ:VRNS), a leader in data security and threat detection, has introduced the Varonis Model Context Protocol (MCP) Server, a new interface that allows customers to connect their preferred AI tools directly to the Varonis Data Security Platform. The innovation marks a significant step in enabling real-time, AI-driven access to enterprise data security operations. With the MCP Server, customers can use natural language prompts through AI clients such as ChatGPT, Claude, and GitHub Copilot to query data posture, trigger remediation, and streamline compliance tasks. The server enables users to carry out complex operations with simple instructions—for example, retrieving recent high-severity alerts, updating ServiceNow tickets, or running cleanup scripts to remove inactive guest accounts. A close up of a software engineer typing on a laptop keyboard, focusing on the code development part of the company. 'Automation is at the heart of everything we do,' said Yaki Faitelson, Co-Founder and CEO of Varonis. 'The Varonis MCP Server marks another leap forward in our agentic AI vision—giving customers access to Varonis' real-time data security insights and automated remediation from their own AI tools, IDEs, agent builders, and terminals.' By embedding Athena AI in its platform and supporting cross-platform automation, Varonis continues to expand its role in modern data protection. The MCP Server furthers the company's mission to deliver secure, intelligent infrastructure that helps organizations proactively defend sensitive information and reduce compliance burdens in complex cloud environments. While we acknowledge the potential of VRNS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than VRNS and that has 100x upside potential, check out our report about this cheapest AI NEXT: 10 Best Small Cap Tech Stocks With Biggest Upside Potential and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-06-2025
- Business
- Yahoo
The Top 5 Analyst Questions From Varonis's Q1 Earnings Call
Varonis delivered first quarter results that exceeded Wall Street's expectations, with management attributing the performance to accelerating adoption of its SaaS-based data security platform and continued expansion among both new and existing customers. CEO Yaki Faitelson noted that the company's SaaS transition was 'well on track to complete by the end of the year,' and highlighted strong demand for automated data protection solutions as a key growth driver. Management also credited ongoing success in converting legacy customers to SaaS and the launch of offerings tailored for new use cases in cloud and hybrid environments. Is now the time to buy VRNS? Find out in our full research report (it's free). Revenue: $136.4 million vs analyst estimates of $133.4 million (19.6% year-on-year growth, 2.3% beat) Adjusted EPS: $0.01 vs analyst estimates of -$0.05 (significant beat) Adjusted Operating Income: -$6.46 million vs analyst estimates of -$11.98 million (-4.7% margin, 46.1% beat) The company reconfirmed its revenue guidance for the full year of $617.5 million at the midpoint Management raised its full-year Adjusted EPS guidance to $0.16 at the midpoint, a 3.3% increase Operating Margin: -32.1%, up from -41.8% in the same quarter last year Annual Recurring Revenue: $664.3 million at quarter end, up 18.6% year on year Billings: $140.4 million at quarter end, up 19.4% year on year Market Capitalization: $5.7 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Matt Hedberg (RBC) asked about confidence in achieving over 20% ARR growth. CFO Guy Melamed pointed to strong SaaS net retention rates, emphasizing that SaaS customers are 'coming back and buying more,' driving renewed growth. Joel Fishbein (Truist Securities) inquired about MDDR adoption and competitive positioning. CEO Yaki Faitelson described MDDR as essential for automated data breach prevention, highlighting rapid customer adoption and its role in expanding upsell opportunities. Saket Kalia (Barclays) questioned when margins would normalize as the SaaS transition progresses. Melamed explained that operating margin trough is expected this year, with gradual normalization as revenue recognition stabilizes post-transition. Roger Boyd (UBS) asked about new customer adoption of cloud and AI-focused products. Faitelson noted increasing demand for data security in SaaS and cloud repositories, especially as customers deploy AI tools that amplify data exposure risks. Jason Ader (William Blair) sought details on gross margin outlook and the wide non-GAAP operating income range. Melamed explained that the SaaS transition creates short-term volatility, but cost structure improvements are ahead of expectations, with margin normalization expected after transition completion. In coming quarters, the StockStory team will monitor (1) the pace of SaaS transition and mix progression toward 80% of recurring revenue, (2) adoption and upsell of new solutions like database activity monitoring and Agentic AI protection, and (3) improvement in operating margins as the revenue base stabilizes post-transition. Continued customer expansion into cloud and AI use cases will also be an important indicator of execution. Varonis currently trades at $50.94, up from $44.27 just before the earnings. Is there an opportunity in the stock?Find out in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Techday NZ
10-06-2025
- Business
- Techday NZ
Varonis unveils MCP Server for AI-driven data security tasks
Varonis has announced support for the Model Context Protocol (MCP) Server, enabling customers to integrate AI tools such as ChatGPT, Claude, and GitHub Copilot with its data security platform. AI integration capability The release of the Varonis MCP Server allows users to access and orchestrate the Varonis Data Security Platform using artificial intelligence (AI) clients. Through this capability, customers can extract insights and automate data security tasks by issuing natural language prompts through their preferred AI tools and development environments. According to Varonis, the MCP Server is designed to function as an AI-agnostic engine, translating simple user instructions into actionable, automated outcomes within the platform. The system can accommodate prompts such as retrieving high-severity security alerts, automating remediation processes to address stale guest accounts, or compiling compliance reports on databases containing sensitive employee information across cloud platforms. Automation focus Yaki Faitelson, Co-Founder and Chief Executive Officer of Varonis, emphasised the centrality of automation to the company's approach. Faitelson stated, "Automation is at the heart of everything we do. The Varonis MCP Server marks another leap forward in our agentic AI vision — giving our customers access to Varonis' real-time data security insights and automated remediation from their own AI tools, IDEs, agent builders, and terminals." With this offering, Varonis aims to provide customers the flexibility to use their AI technologies of choice, while leveraging the central data security capabilities of its platform. The compatibility with various AI clients is intended to allow integration into diverse workflows and organisational environments. Supporting features and vision Varonis has previously embedded Athena AI within its user interface, and has incorporated agentic AI across automated features of its Data Security Platform — strategies seen by the company as key to advancing AI-powered data protection. These capabilities, the company suggests, improve the ability of organisations to counter data breaches and manage compliance more efficiently. The company indicates that the MCP Server encapsulates the next stage of development for artificial intelligence within its ecosystem, enhancing the precision and automation of security outcomes through accessible, user-driven prompts. Platform uses and outcomes The Varonis Data Security Platform is deployed by thousands of organisations worldwide, according to company statements. Clients utilise the system for tasks such as data security posture management, data classification, data access governance, data detection and response, data loss prevention, AI security, identity protection, and insider risk management. Varonis reports that the combination of MCP Server capabilities and its AI-driven features is designed to strengthen its customers' capacity to protect sensitive information across environments ranging from software-as-a-service (SaaS) and infrastructure-as-a-service (IaaS) to hybrid cloud implementations. No pricing or detailed rollout information for the MCP Server was provided. Customers can now access the service, though specifics on the trial process or availability in various markets were not mentioned.