VGS, formerly known as Very Good Security, makes its PCI-compliant vault available to clients wanting to collect, protect and exchange tokenized data. Tokenization replaces raw data with an alphanumeric representation protected by a cryptogram. When a merchant tokenizes sensitive data, the financial risk associated with a data breach is significantly reduced. Also reduced are the costs associated with complying with card industry data security regulations. Dedicated token vaults can cut costs by as much as 95%. The cloud-native VGS tokenization platform, which is also SOC 2 Type 2 compli...