Kevin JohnsonVaronis Systems is a security software company based in New York City. Yaki Faitelson and Ohad Korkus, former employees of NetVision and NetApp, founded the company in 2005. Faitelson and Korkus developed a security software platform to help organizations retrieve metadata in file systems and manage unstructured data.
In 2005, Varonis filed a patent – automatic management of storage access control. The company received the patent in 2006 and created the Intelligent Data Use (IDU) classification platform. In 2006, Varonis released DatAdvantage. Enterprises use this solution to monitor and manage file activity, user behavior, data ownership, access, and file system data.
In 2023, Varonis launched a third-party application risk management solution. Security teams use this tool to control apps with access to their corporate cloud data. The company recently transitioned to SaaS and opened its first Australian data center in Q2 2023 to support customers moving to Varonis SaaS. [1]
Varonis helps to protect enterprise data in files, emails, financial records, product plans, and other intellectual property. The platform detects cyber threats from internal and external factors and analyzes data, account activity, and user behavior. Then, it prevents disaster by locking down sensitive data.
In Feb 2023, CRN named Varonis in its annual Security 100 list. Varonis was recognized in the data protection and identity access management category. However, the company faces stiff competition from Microsoft, LogRhythm, Rapid7, IBM, Forcepoint, Proofpoint, One Identity, and Securonix. [2]
Here is an in-depth analysis of Varonis’ top competitors and alternatives:
1. Microsoft
Year founded: 1975
Headquarter: Redmond, Washington
Microsoft is a tech corporation that provides hardware, software, and services. The company offers Microsoft Purview, a data governance, risk, and compliance solution that competes with Varonis. In 2023, Microsoft had over 180,000 employees.
Microsoft Purview helps organizations govern, protect, and manage their data. The suite provides insider risk, compliance, and unified data governance solutions. Users can protect their data across clouds, apps, and devices. However, the main competitive advantage of Microsoft Purview is its data classification and end-to-end lineage, allowing organizations to identify the location of sensitive data. Microsoft is the top Varonis competitor and alternative. [3]
2. LogRhythm
Year founded: 2003
Headquarter: Boulder, Colorado
LogRhythm is a data security company that helps organizations stop breaches by turning disconnected data into insights. As of July 2023, LogRhythm had 561 employees and over 4,000 customers.
LogRhythm specializes in security information, log management, network monitoring, and security analytics. However, the main competitive advantage for LogRhythm is its Next-Gen SIEM Platform, which offers security and user behavior analytics. Customers can leverage its cloud-native and self-hosted deployment solutions, out-of-the-box integrations, and advisory services to adapt to an ever-evolving threat landscape. LogRhythm is one of the top competitors for Varonis. [4]
3. Rapid7
Year founded: 2000
Headquarter: Boston, Massachusetts
Rapid7 is a cybersecurity company on a mission to create a safer digital world. The company helps security professionals manage a modern attack surface using best-in-class technology, leading-edge research, and broad, strategic expertise. As of August 2023, Rapid7 served over 11,000 customers.
Rapid7 offers InsightIDR, a cybersecurity solution that provides threat intelligence, security research, data collection, and analytics. In June 2023, Rapid7 expanded its relationship with AWS to extend monitoring, detection, and response capabilities for the cloud. The platform now supports AWS AppFabric.
In July 2023, the company unveiled its Executive Risk View solution that visualizes and reduces cyber risk in hybrid environments. Rapid7 is one of the best alternatives to Varonis. [5]
4. IBM
Year founded: 1911
Headquarter: Armonk, New York
IBM is a leading software developer that offers QRadar, a cybersecurity solution. QRadar helps organizations detect known and unknown threats in enterprise systems. In 2022, IBM had around 350,000 employees.
IBM QRadar uses automation to collect and analyze logs, events, network flows, and user behavior across the enterprise. The solution correlates gathered information against threat intelligence to detect known threats and applies analytics to identify anomalies.
In April 2023, IBM launched the QRadar Security suite to accelerate response and provide a unified framework for security operations centers. The cloud-native service expands capabilities across threat detection and investigation technologies. IBM is a formidable competitor for Varonis. [6]
5. Forcepoint
Year founded: 1994
Headquarter: Austin, Texas
Forcepoint is a data-first security software company. It offers computer security software, data protection, and firewall solutions. In 2022, Forcepoint had around 2,300 employees.
Forcepoint serves organizations in over 150 countries. The company provides behavior-based risk management solutions via a cloud-native SASE platform. In July 2023, TPG acquired Forcepoint’s government cybersecurity business for $2.45 billion. The company sold this unit to focus on growing its commercial business. Forcepoint is one of the best alternatives to Varonis. [7]
6. Proofpoint, Inc.
Year founded: 2002
Headquarter: Sunnyvale, California
Proofpoint is a cybersecurity and insider threat management (ITM) provider. Its email security, electronic discovery, and data loss prevention solutions protect organizations’ assets against risks. As of April 2023, Proofpoint served 75% of the Fortune 100 companies. The Proofpoint Sigma information protection platform serves over 5,000 customers and 46 million users.
Proofpoint offers an integrated suite of cloud-based cybersecurity and compliance solutions. It helps companies stop targeted threats, safeguard data, and protect their customers against cyber attacks. In April 2023, Proofpoint announced new innovations across its platforms, including Aegis threat protection, identity threat defense, and Sigma information protection. The new features help organizations augment and safeguard productivity investments. Proofpoint is a worthy alternative to Varonis. [8]
7. One Identity
Year founded: 2016
Headquarter: Aliso Viejo, California
One Identity is a cybersecurity company owned by Quest Software. It offers unified identity security solutions to help organizations strengthen their cybersecurity posture and protect people, apps, and data. As of May 2023, One Identity managed over 500 million identities for over 11,000 organizations worldwide. Quest serves over 130,000 companies, including 95% of Fortune 500 firms.
One Identity’s unified platform combines identity governance and administration, access management, privileged access management, and active directory management capabilities. It helps organizations shift from a fragmented to a holistic approach to identity security. In May 2023, the One Identity Partner Circle Program received a 5-star rating from CRN for the sixth year. As a subsidiary of Quest, One Identity has enough resources to poach some customers from Varonis. [9]
8. Securonix
Year founded: 2007
Headquarter: Addison, Texas
Securonix is a security, enterprise, and IT management (SIEM) provider. Its unified defense SIEM offers content-driven threat detection, investigation, and response solutions. According to Gartner, Securonix has a 4.5-star rating out of 5 from 16 customer reviews.
Securonix serves hybrid cloud, data-driven enterprises. Organizations can use its cloud-native solution to scale their security and keep up with evolving threats. In June 2023, Securonix expanded its partnership with Snowflake. The Securonix unified defense SIEM platform is powered by Snowflake. Securonix is one of the top competitors for Varonis. [10]
9. ActivTrak
Year founded: 2009
Headquarter: Austin, Texas
ActivTrak is a cloud-based workforce analytics software provider. It offers visibility and insights across people, processes, and technology to help organizations make informed decisions and optimize outcomes. As of August 2023, ActivTrak had over 9,000 customers.
ActivTrak helps employers and employees work better. In Aug 2023, ActivTrak was ranked No. 1244 on the Inc. 5000 list of the fastest-growing private companies in America. The firm jumped 100 spots with a three-year revenue growth of 476%. ActivTrak is one of the best alternatives to Varonis for workforce analytics. [11]
10. Veriato
Year founded: 1998
Headquarter: Vero Beach, Florida
Veriato is a software company owned by Awareness Technologies. It offers user behavior analytics and employee monitoring solutions to help organizations boost productivity and protect sensitive data. According to Gartner, Veriato has a 2.8-star rating versus 4.7 stars for Varonis.
Veriato is a leader in workforce behavior analytics. Companies can use Veriato’s analytics across networks, cloud, and on-premise to enhance visibility, maximize productivity, and minimize risks. In Jan 2023, Awareness launched Veriato’s workforce behavior analytics software in India. Veriato is a worthy alternative to Varonis. [12]
References & more information
- Varonis Systems, Inc. (2023, Jul 31). Varonis Announces Second Quarter 2023 Financial Results. Varonis.com
- Varonis Systems, Inc. (2023, Feb 22). Varonis Featured on CRN’s 2023 Security 100 List. Up Matters
- Rising, P. (2023, Jun 11). Managing Insider Risk in Microsoft Purview! HubSite365
- LogRhythm (2023, Jul 26). LogRhythm Announces Details on RhythmWorld 2023 Security Conference. Business Wire
- Rapid7 (2023, Aug 8). Rapid7 announces second quarter 2023 financial results. Rapid7.com
- Greenberg, K. (2023, Apr 26). IBM launches QRadar Security Suite for accelerated threat detection and response. TechRepublic
- Khushi, A. (2023, Jul 10). TPG to buy Forcepoint unit from Francisco Partners for $2.45 billion. Reuters
- Proofpoint, Inc. (2023, Apr 24). Proofpoint Introduces New Innovations at the 2023 RSA Conference to Break the Attack Chain. Globe Newswire
- Quest (2023, May 2). Quest Software, One Identity Receive Multiple 2023 CRN Accolades. Globe Newswire
- Securonix (2023, Jun 27). Securonix and Snowflake Expand Partnership to Disrupt Legacy Security Market Incumbents. Yahoo Finance
- ActivTrak (2023, Aug 15). ActivTrak Ranks No. 1244 on the 2023 Inc. 5000. PRNewswire
- Awareness Technologies (2023, Jan 24). Awareness Technologies Launches Veriato Workforce Behavior Analytics in India. Globe Newswire
- Featured Image by Markus Spiske
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Ava Abbott
S.K. Gupta
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