Varonis Systems, Inc. announced the acquisition of SlashNext, an AI-native email security provider with the industry's best detection rate for advanced phishing and social engineering attacks.
The acquisition aims to extend data breach prevention to email inboxes and beyond by leveraging SlashNext's predictive AI technology.
The acquisition is part of Varonis' strategy to offer CISOs a consolidated threat detection and response solution that stops threats early in the attack path.
Acquisition of SlashNext
Varonis acquired SlashNext, complementing its data security services with advanced email security capabilities.
Predictive AI for Email Security
SlashNext's AI technology uses predictive models and advanced techniques to protect users from evolving email threats and social engineering attacks.
Financial Outlook
Varonis updates its guidance to reflect the expenses associated with the acquisition, maintaining strong performance with positive revenue and growth expectations.
- The acquisition allows Varonis to enhance its platform by integrating email security with data security services, offering customers comprehensive protection.
- By leveraging SlashNext's AI technology, Varonis can now better address the growing threats of AI-driven phishing and social engineering attacks.
- Varonis' move into email security aligns with the projected market growth, positioning the company to tap into the expanding $10.7 billion email security market by 2032.
Varonis' acquisition of SlashNext marks a strategic step towards providing end-to-end protection against evolving cyber threats. The integration of AI-driven email security with Varonis' existing data security solutions reinforces its commitment to safeguarding customer data.