SOURCE: ControlScan

March 12, 2008 11:30 ET

Joan Herbig Joins e-Commerce Security Provider ControlScan as CEO

Successful Atlanta Executive Seeks to Establish Company as Market Leader in Emerging Industry

ATLANTA, GA--(Marketwire - March 12, 2008) - After two years of establishing itself as a trusted provider of e-commerce security, ControlScan (www.ControlScan.com) is bringing on new management to take the company to the next level.

The path to ControlScan's upward climb started several years ago when Richard Stanton, then a successful online seller of consumer electronics, was hacked. While Stanton went through a laborious process to recover from this setback, he saw a unique opportunity to help smaller e-commerce businesses such as his -- and in 2005 founded ControlScan.

Now the company has brought on Joan Herbig as CEO, a seasoned executive with more than 20 years experience growing technology firms.

Herbig comes to ControlScan from software maker Cambia Security, which was acquired by nCircle Network Security in 2007. She also had a successful stint as CEO of XcelleNet, where her efforts led to its acquisition by Sybase in 2004. In addition, she's been recognized by her industry peers as a leading executive, being named "Woman of the Year in Technology" in 2001 by the Technology Association of Georgia and now serves as its Chairman of the Board.

The new CEO arrives at ControlScan in the wake of several highly-publicized data breaches affecting e-commerce merchants. She also comes on board as guidelines are being enforced by the Payment Card Industry (PCI), a consortium of creditors from Visa to MasterCard focused on compliance rules concerning how merchants store and transmit customer data. ControlScan helps guide smaller e-businesses through the PCI process, as well as provides cutting-edge security services to give their customers a safe place to shop.

"I was attracted to the company by Richard's vision of helping smaller e-merchants navigate these shifting sands," says Herbig. "I also like the fact that ControlScan has the potential to serve a very large market, and that our core offering is mandated by the credit card industry."

An Emerging Market Leader

ControlScan (www.ControlScan.com) is positioning itself as a market leader in the emerging PCI compliance market, especially with smaller e-businesses -- which are often the easiest to hack.

Through its Verified Secure products, ControlScan provides vulnerability scans and assessments, security and business certification seals, online chat, search engine submissions and other services that help e-businesses secure their Websites, market their services and show consumers they can purchase with confidence.

But what good is saying you can help protect smaller e-businesses and their shoppers if you can't back it up? ControlScan recently launched an industry first -- Verified Secure Breach Protection. As an added bonus, ControlScan will help Verified Secure package customers cover expenses associated with a suspected or actual breach -- up to $25,000. And that's with no deductible!

"I'm not much of a technical whiz and it seemed like I needed a computer science degree to operate the other services I used," says Todd Harmon, owner of WaterGifts.com, an online seller of indoor fountains and waterfalls. "I was shocked at the difference it made using ControlScan's services. Its technical support clears up issues in minutes, and my customers were comfortable shopping with me when they saw the name. ControlScan has given me the peace of mind to forget about security and focus on selling indoor water fountains."

Favorable market trends

Several market factors are working in ControlScan's favor as it prepares for growth:

--  Consumers are flocking to the Internet to buy goods and services.
    Research firm Forrester predicts U.S. consumers in 2008 will spend $204
    billion online, an increase of 17 percent from 2007. By 2012, Forrester
    expects consumers to spend $335 billion.
--  Increasing security threats. According to research firm Ponemon
    Institute, 40 percent of respondents in a 2007 study said they were
    breached by third-party organizations, up from 29 percent in 2006. Costs
    associated with those breaches have also gone up. In 2007, companies
    shelled out on average $197 per compromised record, up from $182 in 2006,
    and spent 8 percent more on legal services and public relations to contain
    the effects of breaches.
    

About ControlScan

Atlanta-based ControlScan, which is financially backed by Total Technology Ventures, provides security and Payment Card Industry (PCI) compliance services to smaller-sized e-commerce businesses. The company's Verified Secure products make it easy and cost-effective for merchants to protect their infrastructure and help keep their websites safe so shoppers can purchase with confidence. Verified Secure is the security solution of choice for smaller e-businesses because it offers technologies that fit their specific needs, a personal level of service and the best value. For more information, visit www.ControlScan.com or call 1-800-825-3301.

Contact Information

  • Contacts:
    ControlScan, Inc.
    Heather Varian Foster
    678-279-2644
    Email Contact