Very Good Security

Very Good Security

190 Total Employees
Year Founded: 2015

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As our lives become increasingly digital, most companies need to collect, store, and use our data to run their business – ex: bank card so they can collect money or hold a reservation, SSN to run a background check/credit history/lookup insurance policy, etc. However, while data might be a very critical asset of a business, it can also be its biggest liability. VGS is building a modern approach to data security, compliance and privacy. The core product lets companies collect, secure and exchange sensitive data, such as credit card or social security numbers, without taking on the huge risk or liability that comes with storing that data in their own systems. Customers get the full use of their data, but they are not required to maintain a secure data environment themselves. This is analogous to how companies use AWS or Google Cloud to run their business operations without needing to maintain the actual data centers themselves. Beyond simply tokenizing any data type and format, VGS facilitates the secure exchange of data with approved endpoints. Additionally, with VGS, customers can manage how third parties interact with sensitive customer data without worrying about data breaches. A major benefit to using VGS is that companies are able to offload liability while fast-tracking compliance certifications, including PCI, SOC2, GDPR, CCPA, HIPAA and more. Example Use Cases: Banking-as-a-service platform, Unit Finance, uses VGS to expedite connectivity to payments networks while offloading PCI-DSS complexity. Fivestars leverages VGS to build the largest commerce network for local businesses, delivering magical omni-channel loyalty and payments experiences.


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