Be Prepared: Ransomware and Software Safety

Ransomware and Software Safety

As an SSAE (SOC 1) Type II certified company, TimelyBill prides itself on having a reliable and secure platform. TimelyBill is always looking out for your company and its assets with our enterprise-level data security and compliance initiatives.

Following multiple malware and ransomware attacks at the U.S state level, TimelyBill has been asked how to keep personal and company assets safe. TimelyBill is not a security system-- make sure your organization is equipped with high-quality security protocols. Firewalls, two-factor authentication, or 2FA, and secure backups are all elements of creating a secure system. 

Be Prepared Before An Emergency

  1. Back up all important information and data to an external hard drive or another storage device.
  2. Create and maintain a company-wide backup plan. Make sure all users are on the same page.
  3. Regularly update and patch third-party software when updates are available. 
  4. Use different, strong passwords for every device and every system. Do not use words or common phrases in your password. 
  5. Implement a “one-time password token” system into your software to better protect your accounts.  
If you back up your software often on a device that’s separate from your system, there’s no data to lose. If your system is compromised by ransomware, it’s in your best interest to assume that all of your data has been lost. It is safer to give up your system and data than to pay a ransom. 

“Paying ransom will not ensure your data is decrypted or that your systems or data will no longer be compromised. CISA, MS-ISAC, and federal law enforcement do not recommend paying a ransom,” says the CISA’s official ransomware guide

How TimelyBill Protects Your Information In Our System

  1. Annual third-party System and Organization Controls (SOC) 1® Type II audits
  2. Anti-Malware Protection
  3. Firewall / SSL / Virtual Private Network (VPN)
  4. File Encryption
  5. File Integrity Monitoring (FIM)
  6. Two-factor Authentication (2FA)
  7. Data Loss Prevention
  8. Offsite Back-ups

We'd be happy to demo the TimelyBill system and walk you through our entire quote-to-cash process. Call 954-889-6699 or schedule a demo through our website.

Read more about how TimelyBill stays protected on our blog.

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