Very Good Security
Provides payment tokenization and data security infrastructure for businesses.
Company facts
- Founded
- 2015
- Employees
- 434
- Headquarters
- United States
- CEO
- Mahmoud Abdelkader
- Type
- Private
- Funding
- Series C · $60M · 2020
About
VGS eliminates the need for customers to hold sensitive data by decoupling and insulating customer systems and applications from sensitive data. Data collected via VGS is segmented, aliased, and stored in secure vaults until needed. For customers, this removes much of their data liability while drastically reducing their risk exposure and compliance responsibility. Additionally, with VGS, customers can manage how third parties interact with sensitive customer data without worrying about data breaches. This makes compliances like PCI, SOC 2, and HIPAA fast and easy. VGS simplifies what was once an almost insurmountable problem: how to enable data security while accelerating business growth. Protecting Privacy, Supporting Innovation VGS is committed to helping consumers keep their sensitive information out of the wrong hands. By providing easy-to-implement data security options for emerging technology companies, VGS is fostering growth in a variety of industry sectors. With VGS assuming the liability and fast-tracking compliance, companies are able to close more key deals in a shorter timeframe. VGS is at the forefront of security innovation, protecting data in all formats including PDFs, images, emails, and voice calls. Why We Started VGS As both customers and auditors began referring Abdelkader and Jones’ team to more and more companies, Abdelkader and Jones began looking for ways to scale the business while also improving their security method. Was there a way to secure the data, take it out of scope of liability, and still allow it to be used and exchanged? There was. Their solution became Very Good Security, a new type of data security company with a revolutionary way for companies to secure data.
Open positions
Product Manager, Payment Messaging
VGS (payment tokenization/trust infrastructure) is hiring a Product Manager for Payment Messaging to define products that interpret ISO8583/ISO20022 payment messages for banks, processors, and fintechs. Day to day: customer discovery, technical requirements, roadmaps, and complex multi-continent rollouts on VGS's token vault platform.
Sr. Product Manager, Network Services
The Senior Product Manager for Network Services will manage relationships with card networks and payment gateways to define and deliver new network capabilities within VGS's tokenization platform. This role involves designing APIs, leading cross-functional execution, and using data analysis to drive product strategy.