Security
Platform Security Commitment
At MedPenny, LLC, we are committed to protecting the privacy and security of every user on the MedPenny platform. Our security framework is designed to safeguard sensitive financial and healthcare-related data through modern encryption methods, access controls, and continuous monitoring. We follow industry-standard best practices to ensure platform integrity and user safety at every touchpoint.
Technical and Operational Safeguards
All user data is encrypted both in transit and at rest using advanced encryption protocols. Communication between your browser and our servers is secured through HTTPS with SSL/TLS protocols. Our systems are protected by enterprise-grade firewalls, intrusion detection mechanisms, and routine vulnerability assessments to prevent unauthorized access and potential breaches.
To ensure account protection, MedPenny employs two-factor authentication (2FA) for internal administrator access and maintains strict password and session management policies. Access to user data is governed by role-based permissions and is regularly reviewed to ensure that only authorized personnel with a defined business need have access.
We actively monitor our systems in real time and utilize intelligent anti-fraud detection tools to identify and respond to suspicious behavior. Our software development process follows a secure software development lifecycle (SDLC), which includes threat modeling, code reviews, penetration testing, and rigorous auditing prior to each deployment.
Compliance, Vendor Standards, and Incident Response
We work exclusively with third-party vendors who adhere to stringent data security standards and maintain relevant certifications such as HIPAA, PCI DSS, and SOC 2, where applicable. These partnerships help ensure that any sensitive data handled across the MedPenny ecosystem is treated with the highest level of care and compliance.
In the event of a security incident, we have a dedicated Incident Response Plan in place. This plan includes rapid detection, investigation, containment, user notification (where required), and mitigation procedures to limit impact and protect platform integrity.
Your security is our top priority. We remain committed to evolving our security infrastructure in line with emerging threats, industry trends, and regulatory expectations to keep MedPenny safe for all users.

Every MedPenny account is protected up to $500,000.

Secure servers and privacy verified by physical security.

We will contact you about unusual account activity for protection against fraud.

Multi-factor authentication, automatic logouts, and ID verification help prevent unauthorized access.

Our website and app are secured with 256-bit encryption.