About Very Good Security
Very Good Security is on a mission to protect the world’s sensitive data, enabling innovation while ensuring security and privacy.
Very Good Security Named in the 2022 Gartner® Cool Vendors™ in Data Security
A New Paradigm for Data Security
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 fast and easy. VGS simplifies what was once an almost insurmountable problem: how to enable data security while accelerating business growth.
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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.
Leadership Team
Chuck Yu
CEO
As CEO of Very Good Security, Chuck Yu brings extensive financial services experience. With executive leadership roles at VISA, Point Digital Finance, and TrialPay, including leading VISA's Global Fintech team, Chuck drives growth, fosters innovation, and steers diverse teams in finance and technology. Previously TrialPay's Chief Revenue Officer, he played a crucial role in its acquisition by Visa. Chuck holds a BA from UC Berkeley and a Juris Doctor from UCSF Law, leveraging his legal expertise and business acumen to drive VGS' mission of secure payment solutions.
Marshall Jones
CTO & Co-Founder
Marshall Jones, CTO and Co-Founder of Very Good Security, is an experienced engineer and entrepreneur in fintech and security. Leading the company's technological vision and strategy, he delivers secure, compliant, and scalable payment security solutions globally. Previously, as VP of Engineering at Balanced Payments (acquired by Stripe), Marshall built innovative products and streamlined processes, propelling the company's success in fintech. With a decade of dedication, he creates successful engineering processes, scalable infrastructure, and effective teams, driving VGS' growth and innovation.
Ashwani Wason
SVP of Engineering
With over 20 years of experience leading technology teams, Ashwani is the Executive SVP at VGS, overseeing engineering, security, and infrastructure. Previously, at OpenGov, he held executive roles, building ERP SaaS for governments and expanding the engineering team globally. Prior to that, at Citrix and ByteMobile (acquired by Citrix), Ashwani led high-performance engineering teams. Specializing in computer networking and protocols, he has contributed to modern operating systems' kernel networking subsystems. Ashwani holds multiple patents and has a Bachelors in Electronics & Communications from the University of Delhi and a Masters in Computer Engineering from the University of California.
Tim Nguyen
General Counsel
Tim brings over 10 years of startup lawyer experience across a variety of legal issues ranging from corporate and tech transactions to payments, data security, and privacy. At VGS, Tim serves as General Counsel leading the legal and privacy team. Prior to VGS, Tim was the General Counsel at Balanced Payments where he built their PCI and AML/KYC program. Tim managed design, implementation, and maintenance of PCI security procedures, including working with external auditors to ensure compliance with PCI-DSS level 1 requirements. Tim holds a Bachelors in Symbolic Systems from Stanford University and a JD from the University of Virginia. He is licensed to practice law in California.
Jeff Lambert
VP, Revenue
Jeff is a dedicated team leader with 20 years of business development and partnerships experience. He has successfully built sustainable businesses both as a tech start up (from inception to acquisition) and at a Fortune 100 company. Successfully co-founded and built the sales team for NuOrder, an early E-commerce solution for restaurants that eventually was acquired. Prior to VGS, Jeff was a senior sales leader at VISA. There he was their Head of Sales, Open Banking (2023) & Head of Merchant Loyalty (2017-2022) (NA). There he built a direct enterprise sales team at Visa.
Howard Xiao
Sr. Director, Partnerships
Howard has an extensive background in building global partner & client relationships with over 10 years of experience. At VGS, Howard is working with some of our most strategic and innovative partners. This includes partnership business development and managing strategic, product, and channel partnerships & alliances. Prior to VGS, Howard was a leader in the global digital partnerships team at Visa - managing relationships with Visa's most valuable global partners including the world's largest digital wallets and e-commerce companies.
Our Investors
VGS has earned strategic investments from an elite group of investors, including industry giants like Visa Inc. and Goldman Sachs, and notable venture capital firms like Andreessen Horowitz and Vertex Ventures US.
Why We Started VGS
As both customers and auditors began referring us to more and more companies, we 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.