Varonis puts data entitlement management in the hands of data owners and reduces burden on IT administrators

DataPrivilege Helps Companies Ensure Only the Right People Have Access to the Right Data

NEW YORK - May 22, 2007 - Varonis Systems Inc. (http://www.varonis.com), the foremost innovator and provider of comprehensive, actionable data governance solutions, today introduced the latest version of its DataPrivilege data entitlement management software. DataPrivilege enables data owners within an organization to determine who has access to folders containing sensitive business information without involving the IT department, infrastructure changes or business disruption. As a result, enterprises can protect valuable corporate data assets, increase security and accountability for data access, and reduce the burden placed on IT to manage this process.

Organizations of all sizes have volumes of files and folders on their file servers with no real way to see who has access, control who should have access or audit data usage by individual. Also, IT departments are struggling with being able to revoke permissions for people or contractors who have changed roles, "everyone" permissions that are assigned by default and inherited permissions that were inadvertently assigned.

"As a multi-discipline, multi-strategy investment services firm, we keep vigil over a broad range of highly confidential and sensitive information," said Chris Corrado, director of technology infrastructure for a large hedge fund based in Stamford, Conn. "A highly granular and auditable process of managing data access and entitlement can benefit greatly from automation and the right tools. The latter is our purpose for planned deployment of DataPrivilege."

Data entitlement management is a critical facet of data governance, which is the framework of people, permissions and processes that are employed in proper data use. Data governance helps enterprises overcome the challenges of providing warranted controls and usage audits for unstructured data — the documents, spreadsheets and presentations that contain companies’ most valuable intellectual property, personnel and customer information and sensitive financial data.

DataPrivilege brings together data owners and users in a forum for communicating, authorizing and activating entitlements. It enables enterprises to reduce the likelihood of data misuse and, more importantly, ensure that permissions to key company information are warranted and based on an employee’s business need.

"Automating the workflow of granting and revoking data entitlements frees up precious IT cycles that can be better applied to more strategic, business-driven initiatives," said Chris Christiansen, program vice president for IDC’s Security Products and Services. "Perhaps most importantly though, by putting control in the hands of people who have context for the data and its use, organizations can significantly lower the risk that sensitive information will be misused."

Visualizing, auditing and controlling who has access to what data is a vital component to protecting a company’s most valuable asset — their data. DataPrivilege enables organizations to:

  • Relieve IT from assigning data entitlements for which they have no context
  • Empower data owners to protect their sensitive information by restricting access permission outside of their teams
  • Audit how important data is used on a continuous basis

"Before DataPrivilege, data entitlement management was a lengthy and highly manual process requiring phone calls and confirmation between IT, human resources and business groups," said Yaki Faitelson, president, CEO and founder of Varonis. "DataPrivilege puts entitlement control in the hands of the people who know the data and what constitutes rightful use. Most importantly, the permission assignment rationale is recorded end to end. It can be reviewed in real-time or revisited for any period of time."

DataPrivilege is a companion to DatAdvantage and part of the Varonis suite for comprehensive data governance. Both software solutions deploy in just hours. As a result, Varonis’ technology is easy to install and maintain.

Named a Gartner 2007 "Cool Vendor in Data Management and Integration,"1 the Varonis solution has been proven in more than 100 installations with some of the world’s best known financials services, health care organizations, manufacturing and high-technology firms. DataPrivilege version 2.0 is available today through the Varonis worldwide network of channel partners as well as the EMC Select program. Solution pricing is based on the number of data users and pricing starts at $12,800 for 500 users.

About Varonis

Varonis is the foremost innovator and solution provider of comprehensive, actionable data governance solutions. Named a 2007 "Cool Vendor in Data Management and Integration" by Gartner, the company has more than 200 installations worldwide. Based on patent-pending technology and a highly accurate analytics engine, Varonis’ solutions give organizations total visibility and control over their data, ensuring that only the right users have access to the right data at all times. Venture backed by Accel Partners, Evergreen Venture Partners and Pitango Venture Capital, the company has headquarters in New York, N.Y., with research and development offices in Hertzliya, Israel. More information can be found at http://www.varonis.com.

1 Gartner, Inc., "Cool Vendors in Data Management and Integration, 2007" by Ted Friedman et al, March 14, 2007.