Varonis Secures FedRAMP "In Process" Designation
Portfolio Pulse from Benzinga Newsdesk
Varonis Systems, Inc. (VRNS) has secured the FedRAMP 'In Process' designation, which is a significant step towards achieving full FedRAMP authorization. This designation indicates that Varonis is on track to meet the stringent security requirements necessary to provide cloud services to federal agencies.
June 27, 2024 | 1:15 pm
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Varonis Systems, Inc. (VRNS) has secured the FedRAMP 'In Process' designation, indicating progress towards full authorization to provide cloud services to federal agencies.
The FedRAMP 'In Process' designation is a critical milestone for Varonis, as it demonstrates the company's commitment to meeting stringent security standards. This progress is likely to enhance investor confidence and potentially lead to increased demand for Varonis' services from federal agencies, positively impacting the stock price in the short term.
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