Varonis Unveils DatAnswers, Bringing Secure Enterprise Search of Human-Generated Data Files to Employees

PRESS RELEASE

NEW YORK, NY--(Marketwired - May 5, 2014) - Varonis Systems, Inc. (NASDAQ: VRNS), the leading provider of software solutions for unstructured, human-generated enterprise data, today introduced DatAnswers, bringing secure, user-friendly enterprise search of human-generated data such as presentations, spreadsheets and documents. Varonis DatAnswers provides any organization with the increased employee collaboration and productivity that comes from controlled access to their company's "institutional memory" without sacrificing security. EMC World 2014 attendees can see a demo of DatAnswers at the Varonis booth (number 244).

Because DatAnswers sits on top of and extends the Varonis Metadata Framework, this new solution capitalizes on activity metadata collected by Varonis DatAdvantage to deliver highly relevant results at scale, with the same efficient, incremental scanning technology that was developed as part of the Varonis IDU Classification Framework. Because DatAnswers understands the relationships between employees and files, and knows who is regularly accessing what content, it refines its search results to be even more effective over time as more metadata is collected.

Varonis DatAnswers also takes an unprecedented, much-needed approach to securing enterprise search. First, DatAnswers only displays files the user is authorized to access based on his or her access rights, or permissions. Second, DatAnswers makes use of the access control mapping and patented recommendations technology found in DatAdvantage, which looks at permissions and user access patterns to calculate where users have access to files that they should not. This allows the business to automatically exclude files that users should not have access to -- even if, as is often the case, permissions had been set incorrectly or are outdated. Third, DatAnswers can filter out files that contain PII (personally identifiable information) and other regulated content (such as HIPAA or Sarbanes-Oxley-regulated data) as identified by the Varonis IDU Classification Framework. This further reduces the risk of users finding files that they shouldn't.

Yaki Faitelson, Varonis CEO and Co-Founder, said, "Think of how many times you use an internet search engine every day. It is surprising that so few organizations have the same functionality for their own file systems. DatAnswers will provide their employees broader, faster access to the right documents and files that can save time and speed up decision-making. With the introduction of DatAnswers, we are providing a cost-effective, user-friendly solution that will help employees be much more productive, and help organizations get more out of the vast intellectual capital stored in their human-generated data without introducing risk."

Jon Oltsik, Senior Principal Analyst at Enterprise Strategy Group, said, "One of the most important success factors in encouraging effective and efficient collaboration within the enterprise and beyond is to ensure that employees have access to the files and documents they need in order to tap into institutional memory. Varonis DatAnswers provides organizations the ability to enable employees to identify and access the files they need at the right time, both safely and cost-effectively."

In summary, Varonis DatAnswers:

   -- Provides the most secure, efficient end-user search available for Windows

      Shares and SharePoint

   -- Delivers highly relevant search results by analyzing usage

   -- Delivers rapid results using incremental indexing and granular scoping

   -- Ensures secure results using DatAdvantage recommendations and Data

      Classification Framework results

Varonis DatAnswers is expected to be available as a beta version in late May and released for general availability later this year.

For more information on DatAnswers along with other Varonis solutions, please visit www.varonis.com.

About Varonis

Varonis is the leading provider of software solutions for unstructured, human-generated enterprise data. Varonis provides an innovative software platform that allows enterprises to map, analyze, manage and migrate their unstructured data. Varonis specializes in human-generated data, a type of unstructured data that includes an enterprise's spreadsheets, word processing documents, presentations, audio files, video files, emails, text messages and any other data created by employees. This data often contains an enterprise's financial information, product plans, strategic initiatives, intellectual property and numerous other forms of vital information. IT and business personnel deploy Varonis software for a variety of use cases, including data governance, data security, archiving, file synchronization, enhanced mobile data accessibility and information collaboration. As of March 31, 2014, Varonis had approximately 2,550 customers, spanning leading firms in the financial services, public, healthcare, industrial, energy & utilities, technology, consumer and retail, education and media & entertainment sectors.

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