Varonis Acquires Database Security Firm Cyral

Varonis Acquires Database Security Firm Cyral
Summary: Varonis has acquired Cyral to enhance its data security offerings by integrating Cyral’s cloud-native database activity monitoring technology. This integration aims to help customers move away from legacy systems while addressing the complex security challenges posed by modern database environments. The deal is part of Varonis’ strategy to provide a unified platform for protecting data across various domains as the market continues to evolve with advancements in cloud computing and AI.

Affected: Varonis, Cyral

Keypoints :

  • Varonis integrates Cyral’s database activity monitoring to boost data security capabilities.
  • The acquisition addresses significant challenges in scaling data security due to evolving technologies.
  • The database market is projected to grow to US5 billion by 2028, driven by AI and cloud advancements.

Source: https://www.crn.com.au/news/nasdaq-listed-varonis-buys-database-security-firm-cyral-615773