VARONIS SYSTEMS INCVRNS

Proofpoint CEO discusses AI agents accessing sensitive data and associated cybersecurity risks.

““As AI becomes embedded across the enterprise, the data it can access determines both its value and its risk. AI agents are increasingly accessing sensitive information and taking action across systems, making it critical for organizations to understand not only what data needs protecting and who can access it, but how it is actually being used,” said Sumit Dhawan, CEO of Proofpoint. “By connecting communications, identities, permissions, data, and AI, we are creating an intelligence advantage that helps customers see risk more clearly, respond faster, and defend against the next generation of AI risks. This is a defining step in Proofpoint’s evolution into a cybersecurity platform built for the future of AI.””

Proofpoint describes itself as securing people, data and AI agents across enterprise tools.

“Proofpoint, Inc. is a global leader in human and agent cybersecurity, securing how people, data and AI agents connect across email, cloud and collaboration tools. Proofpoint is a trusted partner to over 80 of the Fortune 100, over 14,000 large enterprises, and millions of smaller organizations in stopping threats, preventing data loss, and building resilience across people and AI workflows. Proofpoint’s collaboration, data, and AI security platform helps organizations of all sizes protect their people, defend their data, and adopt AI securely and confidently. Learn more at www.proofpoint.com.”

Varonis acquired AllTrue.ai and launched Varonis Atlas powered by the acquired AI technology.

“On February 6, 2026, the Company completed the acquisition of the share capital of AllTrue.ai, a provider of AI system security software that delivers real-time visibility and control over AI agents, models, and the data they access across the enterprise. Since the acquisition, the Company has launched Varonis Atlas, which is powered by AllTrue.ai, and is continuing to further integrate the technology into its platform. The acquisition was accounted for as a business combination in accordance with ASC No. 805, "Business Combinations." The transaction price was for $ 180,276 in cash and comprised of the fair value of total consideration transferred of $ 114,505 and aggregate conditional consideration consisting of an amount up to $ 40,000 that is conditional on the satisfaction of certain performance targets and employee service periods and an additional $ 25,771 that is primarily conditional on employee service. The conditional consideration is primarily recorded as research and development compensation expense within the condensed consolidated statements of operations.”

Varonis describes risks from AI agents accessing sensitive data autonomously.

“AI has changed the attack surface in ways most security vendors weren’t built to address. AI agents access sensitive data autonomously, make decisions without human review, and introduce a new class of unpredictable, non-deterministic risk that traditional perimeter and identity-based controls weren’t designed to catch. At the same time, enterprises are under pressure to adopt AI quickly – and the data that powers those systems is frequently over-exposed, under-classified, and inadequately governed. Varonis sits at that intersection: we protect data, secure AI systems, and stop AI threats – including those that traditional security tools were never built to see.”

Varonis MDDR offering uses agentic AI for 24x7 monitoring with guaranteed response SLA.

“Our transition to a SaaS delivery model was strategic and deliberate. SaaS enables the automation at scale that modern data security demands: continuous classification, real-time risk reduction, faster threat detection, and the ability to deploy and update capabilities across a customers’ environment without friction. Our Managed Data Detection and Response (MDDR) offering extends this further, using agentic AI to deliver 24x7x365 monitoring with a guaranteed response SLA.”

Varonis expanded platform via acquisitions of Cyral, SlashNext, and AllTrue.ai to add AI system security capabilities.

“We have continued to expand our platform through acquisitions that directly extend our ability to protect data and secure AI systems. The acquisition of Cyral brought database activity monitoring (DAM) into our platform. The acquisition of SlashNext added email and collaboration security, enabling detection and prevention of AI-generated phishing and other threats delivered through the collaboration layer. The acquisition of AllTrue.ai, Inc. ("AllTrue.ai") extended our platform into AI system security giving customers real-time visibility and control over AI agents, models, and the data they access across the enterprise.”

Varonis completed acquisition of AllTrue.ai, a provider of AI system security software.

“On February 6, 2026, we completed the acquisition of AllTrue.ai, a provider of AI system security software that delivers real-time visibility and control over AI agents, models, and the data they access across the enterprise. For further information regarding the AllTrue.ai acquisition, refer to Note 4, "Business Combinations," of our condensed consolidated financial statements.”

Varonis incorporates ML and AI, faces competition, regulatory risks, and potential control failures from agentic AI.

“We incorporate machine learning and AI solutions into parts of our platform, offerings, services and features, and these applications may become more important in our operations over time. AI technologies, including generative AI, are complex and rapidly evolving, and we face competition from other companies as well as an evolving regulatory landscape. Several jurisdictions around the globe, including Europe and the United States, have already proposed or enacted laws governing AI, and we may need to commit significant resources to maintain business practices that comply with the evolving regulatory landscape. Our competitors or other third parties may incorporate AI into their products more quickly and successfully than us, which could impair our ability to compete effectively and adversely affect our results of operations. In addition, the increasing adoption of agentic AI technologies may increase the risk of control failures, security vulnerabilities and unauthorized actions. Errors or unintended decisions by autonomous AI systems could result in operational disruptions, regulatory exposure or financial losses.”

Varonis acquired AllTrue.ai and launched Varonis Atlas powered by the acquired technology.

“On February 6, 2026, the Company completed the acquisition of the share capital of AllTrue.ai, a provider of AI system security software that delivers real-time visibility and control over AI agents, models, and the data they access across the enterprise. Since the acquisition, the Company has launched Varonis Atlas, which is powered by AllTrue.ai, and is continuing to further integrate the technology into its platform. The acquisition was accounted for as a business combination in accordance with ASC No. 805, "Business Combinations." The transaction price was for $ 180,276 in cash and comprised of the fair value of total consideration transferred of $ 114,505 and aggregate conditional consideration consisting of an amount up to $ 40,000 that is conditional on the satisfaction of certain performance targets and employee service periods and an additional $ 25,771 that is primarily conditional on employee service. The conditional consideration is recorded as research and development compensation expense within the condensed consolidated statements of operations.”

AI agents introduce new unpredictable security risks that traditional controls cannot address.

“AI has changed the attack surface in ways most security vendors weren’t built to address. AI agents access sensitive data autonomously, make decisions without human review, and introduce a new class of unpredictable, non-deterministic risk that traditional perimeter and identity-based controls weren’t designed to catch. At the same time, enterprises are under pressure to adopt AI quickly – and the data that powers those systems is frequently over-exposed, under-classified, and inadequately governed. Varonis sits at that intersection: we protect data, secure AI systems, and stop AI threats – including those that traditional security tools were never built to see.”

Varonis MDDR offering uses agentic AI for 24x7 monitoring with guaranteed response SLA.

“Our transition to a SaaS delivery model was strategic and deliberate. SaaS enables the automation at scale that modern data security demands: continuous classification, real-time risk reduction, faster threat detection, and the ability to deploy and update capabilities across a customers’ environment without friction. Our Managed Data Detection and Response (MDDR) offering extends this further, using agentic AI to deliver 24x7x365 monitoring with a guaranteed response SLA.”

Acquisitions of AllTrue.ai, Cyral, and SlashNext extend Varonis platform for AI system security.

“We have continued to expand our platform through acquisitions that directly extend our ability to protect data and secure AI systems. The acquisition of Cyral brought database activity monitoring (DAM) into our platform. The acquisition of SlashNext added email and collaboration security, enabling detection and prevention of AI-generated phishing and other threats delivered through the collaboration layer. The acquisition of AllTrue.ai, Inc. ("AllTrue.ai") extended our platform into AI system security giving customers real-time visibility and control over AI agents, models, and the data they access across the enterprise.”

Varonis completed acquisition of AllTrue.ai for AI system security software.

“On February 6, 2026, we completed the acquisition of AllTrue.ai, a provider of AI system security software that delivers real-time visibility and control over AI agents, models, and the data they access across the enterprise. For further information regarding the AllTrue.ai acquisition, refer to Note 4, "Business Combinations," of our condensed consolidated financial statements.”

AI initiatives increase data sprawl and make it accessible to more users, applications and AI agents.

“Data growth itself is not new. What has changed is the combination of scale, sprawl and speed. Cloud transformation and artificial intelligence ("AI") initiatives are pushing data into more systems, across more environments and making it accessible to more users, applications and AI agents. As adoption of software-a-service (“SaaS”) and infrastructure-as-a-service (“IaaS”) has accelerated collaboration and productivity, it has also expanded and fragmented the enterprise data footprint. In many organizations, data security controls have not kept pace, increasing the likelihood that misconfigurations or credential compromise can lead to significant data exposure, threats and regulatory penalties.”

Adoption of AI copilots, agents and workflows raises security risks by scaling access to data.

“We believe the adoption of AI materially raises the stakes for security and risk. Copilots, agents and automated workflows are now embedded in widely used enterprise platforms such as Microsoft 365, Salesforce, Google Workspace and Box and they increasingly act on data at machine speed. These systems typically rely on existing access controls to determine what data can be surfaced, summarized or acted upon. When those controls are overly permissive, poorly understood and unmonitored, AI can unintentionally amplify risk by scaling access faster than organizations can manage manually. As companies customize AI agents and train their own small and large language models, we believe the security of data, identities, agents and underlying infrastructure will increasingly require automated solutions.”

Security in modern environments with humans, services and AI agents requires automated solutions.

“Our platform is designed around a core belief: in modern data environments, security outcomes are determined less by perimeter controls and more by how much access exists when something goes wrong. As data spreads across cloud services, SaaS applications and on-premises systems – and as humans, services and AI agents interact with that data at increasing speed – manual approaches to security do not scale. We believe reducing unnecessary access to sensitive data and automatically responding to abnormal behavior are essential to limiting the impact of inevitable failures.”

Varonis MDDR offering uses agentic AI for automated 24x7 monitoring of customer data security.

“In the second half of 2021, we launched our first SaaS offering, introducing new products and support for cloud infrastructure environments and applications. At the end of 2022, we announced the availability of our flagship Varonis Data Security Platform as a SaaS solution, which was previously only sold as a self-hosted solution. The benefits of SaaS delivery are widely established for both customers and providers, and we believe this evolution of a SaaS delivery option for the Varonis Data Security Platform is transformational. The advantages include: quicker and easier deployment and maintenance of solutions with reduced infrastructure and personnel requirements; a lower total cost of ownership; faster deployment of risk assessments, which is the core of our sales motion; enhanced threat detection; continual threat model updates; increased automation for securing data in place; and the ability to deliver additional features and functionality to customers more efficiently. In addition, our MDDR offering further reduces both the likelihood of a breach and its potential impact through agentic AI, enabling automated 24x7x365 monitoring with a service level agreement (SLA) that requires Varonis to respond to alerts within a specified time frame. Our MDDR offering is only available for our SaaS customers because of the automation and visibility that’s built into our SaaS platform. In 2025, we further expanded our data coverage through the acquisition of Cyral which allowed us to”

Varonis MDDR offering uses agentic AI for automated monitoring of SaaS customers.

“In the second half of 2021, we launched our first SaaS offering, introducing new products and support for cloud infrastructure environments and applications. At the end of 2022, we announced the availability of our flagship Varonis Data Security Platform as a SaaS solution, which was previously only sold as a self-hosted solution. The benefits of SaaS delivery are widely established for both customers and providers, and we believe this evolution of a SaaS delivery option for the Varonis Data Security Platform is transformational. The advantages include: quicker and easier deployment and maintenance of solutions with reduced infrastructure and personnel requirements; a lower total cost of ownership; faster deployment of risk assessments, which is the core of our sales motion; enhanced threat detection; continual threat model updates; increased automation for securing data in place; and the ability to deliver additional features and functionality to customers more efficiently. In addition, our Managed Data Detection and Response ("MDDR") offering further reduces both the likelihood of a breach and its potential impact through agentic AI, enabling automated 24x7x365 monitoring with a service level agreement (SLA) that requires Varonis to respond to alerts within a specified time frame. Our MDDR offering is only available for our SaaS customers because of the automation and visibility that’s built into our SaaS platform.”

Varonis announced AI identity protection for Salesforce Agentforce to control data AI agents create and access.

“Announced AI identity protection for Salesforce Agentforce, providing IT and security teams with visibility and control over the data that AI agents create and access with Agentforce.”

Varonis MDDR offering uses agentic AI for automated 24x7 monitoring of its SaaS platform.

“In the second half of 2021, we launched our first SaaS offering, introducing new products and support for cloud infrastructure environments and applications. At the end of 2022, we announced the availability of our flagship Varonis Data Security Platform as a SaaS solution, which was previously only sold as a self-hosted solution. The benefits of SaaS delivery are widely established for both customers and providers, and we believe this evolution of a SaaS delivery option for the Varonis Data Security Platform is transformational. The advantages include: quicker and easier deployment and maintenance of solutions with reduced infrastructure and personnel requirements; a lower total cost of ownership; faster deployment of risk assessments, which is the core of our sales motion; enhanced threat detection; continual threat model updates; increased automation for securing data in place; and the ability to deliver additional features and functionality to customers more efficiently. In addition, our Managed Data Detection and Response ("MDDR") offering further reduces both the likelihood of a breach and its potential impact through agentic AI, enabling automated 24x7x365 monitoring with a service level agreement (SLA) that requires Varonis to respond to alerts within a specified time frame. Our MDDR offering is only available for our SaaS customers because of the automation and visibility that’s built into our SaaS platform.”

Varonis MDDR offering uses agentic AI for automated 24x7 monitoring of customer data security.

“In the second half of 2021, we launched our first SaaS offering, introducing new products and support for cloud infrastructure environments and applications. At the end of 2022, we announced the availability of our flagship Varonis Data Security Platform as a SaaS solution, which was previously only sold as a self-hosted solution. The benefits of SaaS delivery are widely established for both customers and providers, and we believe this evolution of a SaaS delivery option for the Varonis Data Security Platform is transformational. The advantages include: quicker and easier deployment and maintenance of solutions with reduced infrastructure and personnel requirements; a lower total cost of ownership; faster deployment of risk assessments, which is the core of our sales motion; enhanced threat detection; continual threat model updates; increased automation for securing data in place; and the ability to deliver additional features and functionality to customers more efficiently. In addition, our Managed Data Detection and Response ("MDDR") offering further reduces both the likelihood of a breach and its potential impact through agentic AI, enabling automated 24x7x365 monitoring with a service level agreement (SLA) that requires Varonis to respond to alerts within a specified time frame. Our MDDR offering is only available for our SaaS customers because of the automation and visibility that’s built into our SaaS platform.”

Varonis launched Varonis for Agentforce to provide visibility into Salesforce agentic AI layer.

“Launched Varonis for Agentforce, giving IT and security teams critical visibility into the agentic AI layer of the Salesforce platform and enabling safe AI rollouts.”

Gen AI copilots and customized AI agents introduce new data security challenges requiring automation.

“We believe the adoption of generative artificial intelligence (“Gen AI”) tools will dramatically compound data growth and introduce new data security challenges that can only be addressed with automation. Gen AI-powered productivity features, commonly called “copilots,” are now embedded within applications such as Microsoft 365, Salesforce, Google Workspace, and Box. These tools typically leverage existing data security controls to determine which sensitive information can be used by AI; if an organization’s data security controls are not optimized, they face an increased risk of unintentional data exposure and potential abuse by malicious actors. As organizations customize AI agents (such as Microsoft Copilot Studio and Salesforce Agentforce) and train their own large language models ("LLMs"), we believe additional challenges around the security of training data, models and the underlying infrastructure will require automated solutions.”