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GlobeX Data

A New Standard in Online Privacy and Security

There is virtually no business that functions off the grid today. And with work-from-home as the new status quo, remote and mobile jobs becoming more prominent globally, and the entire world experiencing more access to online communications, the demand for greater data security and access to private communications are growing as well. 

GlobeX Data (OTCQB: SWISF) is a Swiss-based provider of secure data management and communications through its proprietary Sekur software products and services. Sekur is a paid email/messaging/data management provider poised to capture a market share traditionally served by familiar services like GMail, Yahoo! Mail, WhatsApp, and others. 

The company stands out for its superior security and privacy features that keep the information of consumers, businesses, and even government clients completely confidential through a combination of proprietary technology, non bigtech independent platform, military-grade encryption and protection of the Swiss Federal Data Protection Act and the Swiss Federal Data Protection Ordinance, which grant some of the world’s strictest privacy laws for individuals and entities.

Key Investment Considerations 

Addressing a Costly Global Need 
The 2020 Global Risk Report estimated $20 billion in global ransomware damages for the year. Meanwhile, it is estimated that the banking sector suffers $50 billion per year in identity theft losses. Business Email Compromise (BEC) tacks on another $1.7 billion in losses. 

These are just a handful of regular losses that could be avoided with greater internet security and privacy. According to packetlabs.net, a firm specializing in app security, the cost of cybercrime will grow from its current $6 trillion pricetag to $10.5 trillion per year, by 2025.

Unique, Proprietary Services with No Clear Competitors 
Encrypted data storage is not unique to GlobeX, however, a combination proprietary, non-open source technology, such as their VirtualVaults and HeliX technologies, and of other services and unique features from the company, make it one-of-a-kind. The absence of third-party access to GlobeX’s data is one key feature platforms like Signal, WhatsApp, Skype, and other communication services can’t offer, as well as GlobeX abstaining from user data collection, and more.

And Atop the list of GlobeX’s privacy capabilities is…

Swiss-Backed Privacy Laws 
GlobeX is not subject to the Patriot Act nor can its data be accessed by the CLOUD Act. Legally, the data it stores in its proprietary cloud and communications on its Sekur platforms are confidential.

“It’s illegal to even divulge the IP address of a customer,” says CEO Alain Ghiai, pointing out that Swiss privacy laws are the strictest in the world in large part because of the Swiss Federal Protection on Data Protection.

 

What’s the Cost of the Internet’s Lack of Security and the Data Mining Status Quo?  

According to a February 2021 report from ResearchandMarkets.com, the global managed cybersecurity market was valued at an estimated $22.5 billion in 2020 and is projected to grow to $60.9 Billion by 2027, growing at a CAGR of 15.3%. Meanwhile, Identity & Access Management is projected to record a 17.6% CAGR and reach $26.6 billion in that same timeframe.

The Microsoft Hack: A Golden Opportunity for GlobeX to Shine
As mentioned, it’s estimated the cost of cybercrime will reach $10.5 trillion by 2025. Within that number are countless risks inherent in internet use today — risks that aren’t fully addressed through standard security, including business email compromise, hacking financial institutions, compromising personal banking information, and plenty more. 

Sadly, data breaches are actually common, everyday threats. Hacks occur constantly but the 2021 Microsoft breach was one instance that brought the global cybersecurity crisis to the forefront. As of 9 March 2021, an estimated 250,000 servers fell victim to a cyber attack, including servers belonging to approximately 30,000 organizations in the United States, 7,000 servers in the United Kingdom, as well as the European Banking Authority, the Norwegian Parliament, and Chile’s Commission for the Financial Market. 

The massive attack exposed weaknesses in one of the most widely-used online business services in the world. By extension, it increased the demand for greater security. 

Nearly half (48%) of malicious email attachments are Office files and 43% of breach victims are small and medium businesses, according to the 2020 Global Risk Report, with financial institutions 300 times more likely to be targeted than any other business sector. 

GlobeX estimates the need to protect against all these threats and losses add up to a massive market worth $500 billion per year. All by offering secure communications and data management software solutions the company already has in place.

Mega Breach Price Tags 
The costs of so-called mega breaches can be astounding. A 2021 report estimated total losses due to individual data breaches in 2020 and 2021.

  • 533 Million  – Facebook, April 03, 2021
    Estimated cost: $3.7 billion
  • 250 Million – Microsoft, January 22, 2020
    Estimated cost: $1.8 billion
  • 9 Million – EasyJet, May 12, 2020
    Estimated cost: $50 million
  • 5.2 Million – Marriott, March 31, 2020
    Estimated cost: $50 million

 

What’s Different About GlobeX? 

“We are the only platform in the world that doesn’t hook up to big tech. We’re not Amazon Web hosted or Microsoft or Google.”

This single statement from CEO Alain Ghiai speaks volumes about the uniqueness of the company as well as the problem they work to solve. Many of the most basic features built into Sekur products — the catalog of software services offered by GlobeX — should be the status quo. Instead, we operate in a world where data breaches are easy because security and privacy are internet luxuries. 

According to Ghiai, no system is impervious to or completely immune from hacks. However, in more than a decade of operation GlobeX has yet to fall victim to one. 

 “We have never had a successful hack,” he says. “And even if there was one, they would not be able to encrypt the data.”   

The company’s technology is packaged into Sekur, its trademark suite of solutions offering a variety of secure and private communications and document management options for consumers, businesses, and even government clients.

Specialized Sekur Communications for Businesses

Having a quality product at a fair price is a great launching pad toward success. In March of 2022, GlobeX Data completed the successful launch of its full suite of services, including products specialized for businesses.

The move immediately entered GlobeX Data into a market of 30 million small and medium businesses by creating a platform where existing businesses could migrate their communications seamlessly. What’s more, they’ve offered a wide variety of subscription options, which should appeal to even more potential customers.

The new plans are as follows (per user):

Sekur for Consumers: US$10/month or US$100/year
Sekur for Businesses: US$15/month or US$150/year
SekurMail for Consumers: US$7/month or US$70/year
SekurMail for Businesses: US$10/month or US$100/year
SekurMessenger for Consumers: US$5/month or US$50/year
SekurMessenger for Businesses: US$7/month or US$70/year

A little bit of digging will show that these subscriptions are priced similarly to Microsoft Office, currently the most popular subscription email service for businesses. With Sekur offering a laundry list of security features above and beyond what others offer, it shouldn’t take much for consumers to recognize the value of their product.

“We are excited to deploy our new SekurMail email service and our new Sekur business plans for securing businesses’ emails and messaging communications globally. With over 30 million businesses to target in the USA, we have plenty of opportunities to gain a portion of that market share, as businesses small and large are looking for private and secure means of email and messenger communications. Now that businesses can migrate their emails seamlessly to the Company’s Sekur platform, we are ready to start marketing to SMBs in the USA at first, and globally later in the year as we expand our reach.”

Sekur 
Secure private chat and email with Anti-phishing SekurSend and SekurReply technology, self-destruct timer, file transfer. encrypted voice recording transfer. Communications are transmitted within Swiss hosted secure servers.

SekurMail 
Secure and private email, collaboration suite, real-time archiving, Anti-phishing and SekurSend proprietary technology platform. Businesses can move their domain with SekurMail’s Swiss hosted secure environment. 

SekurMessenger 
Secure and private chat, self-deleting chat, voice recording, file transfer via any mobile device, tablet or desktop. Communications are transmitted only within the Swiss hosted secure servers. 

SekurSuite
Secure and private data backup and disaster recovery, file-sharing, password management, multiple users’ management, access rights, file-sharing, and secure email hosted in Switzerland. 

 

Key Security and Privacy Features 

Sekur software solutions combine a list of features that make GlobeX secure, private and reliable.

–Proprietary VirtualVaults and HeliX technologies combined with Military Grade encryption: In layman’s terms, greater processing power is required to encrypt and decrypt data. It is an extra level of security that makes information more difficult to access or even make use of if it were accessed at all.

–Communicate with non-Sekur users: Sekur private chat and email with anti-phishing SekurSend and SekurReply technology, self-destruct timer, file transfer, encrypted voice recording transfer. Communications are transmitted within Swiss-hosted secure servers..

–No BigTech hosting, all Privately hosted in Switzerland only:  GlobeX Data is not linked to Amazon Web Services (AWS), Google infrastructure, or Microsoft Azure cloud, unlike most competitors. It is completely independent of “big tech” and its data mining practices and vulnerabilities. All data traffic is hosted in Switzerland using closed source proprietary technology, independent platform away from Big Techs, military grade encryption and benefiting from Swiss Privacy Laws. Sekur® users can communicate with other Sekur® users.. 

–Web based or app based, your choice: You can either use the Sekur® web site as your full-featured communications tool or download our Sekur® iOS and Android application. None of the data resides on your device.

For more feature details, check Sekur at: https://www.sekur.com/en/services

 

Setting a New Standard

Modern internet security lacks privacy and security everywhere you look and the large cloud service and infrastructure providers are more interested in mining data than securing it.

This is a fundamental challenge of today’s internet, where information and communication are easily accessible and often free of charge to the user. Why? Because the user’s data is the money-making product, not whatever they are accessing. It’s a paradox that makes modern internet security viable for big tech and yet so dangerous for consumers and businesses that rely on the web alike. And it is the inverse of GlobeX’s approach, capitalizing on the public’s growing willingness to pay for privacy and security that can’t be found on big tech’s “free” platforms.

“Having a non-Big Tech solution is starting to have its positive effects,” says Alain Ghiai. “We expect the demand to grow over the years, as businesses are tired of having their data stolen by cyber thieves and sold by the Big Tech players.”

 

Press 

 

News

 

Management: 

Alain Ghiai — Founder, CEO, Director
Alain Ghiai, founded the Company and has served as Director and CEO since March 2017. He has served as President and Corporate Security of the Company since June 2018. Alain Ghiai also founded GlobeX Data S.A. (“GDSA”) in 2007 and has served as Director and CEO since August 2007. Alain also founded GlobeX Data, Inc. (“GlobeX US”) in August 2012 and has served as Director and CEO of GlobeX US since August 2012. Alain Ghiai attended the California College of Arts in San Francisco, where he obtained his Bachelor of Architecture in 1994. Alain Ghiah has over 15 years of experience in the software industry and has been instrumental in the development of the company and its IPO since July 2019.

Scott Davis, CPA, CGA — Partner, Cross Davis & Company LLP., CFO 
Scott Davis is a Chartered Professional Acountant and a partner of Cross Davis & Company LLP Chartered Professional Accountants, a firm focused on providing accounting and management services for publicly listed companies. His experience includes CFO positions of several companies listed on the TSX Venture Exchange and his past experience consists of senior management positions, including four years at Appleby as an Assistant Financial Controller. Prior to that, he spent two years at Davidson & Company LLP Chartered Professional Accountants as an Auditor, five years with Pacific Opportunity Capital Ltd. as an Accounting Manager and two years at Jacobson Soda and Hosak, Chartered Professional Accountants. Scott Davis obtained his CPA, CGA in 2003. Scott Davis has been a service provider to technology companies for over 8 years. He is working side by side with Alain Ghiai on the management of the finances of the Company.

Henry Sjörman — Director
Henry Sjörman has been an entrepeneur and angel investor since 1991. Henry has been involved in the electronics and telecommunications industry since 1974, building a substantial part of all Blackberry and Nokia phones at one time through his network of manufacturing worldwie. Henry Sjörman co-founded Elcoteq SE in 1991, an electronics manufacturing company that was listed on Euro NASDAQ until 2010. He received his BSc, Telecom from the Kopings Tekniska Institut (Sweden), in 1974. Henry is a Director on the Company, and a member of the Company’s audit committee.

Amir Assar — Director
Amir Assar has over 27 years of experience in technology sales and leadership and is presently AVP Sales at Workday, Inc. (NASDAQ:WDAY), one of the leading software company in the world. Prior to joining Workday, Amir was one of the key executives at Adaptive Insights, where he was instrumental in establishing Adaptive as a leder in the financial data anlytics market, culminating in an IPO filing in June of 2018 and eventual acquisition by Workday for US$1.55 Billion in August 2018. Air Assar started his technology career in 1993 at Actel Corporation as the Western USA Director of Sales. Actel was a leading provider of Field Programmable Gate Arrays (FPGA) and was acquired by Microsemi Corporation, a California-based semiconductor and systems solutions provider for the aerospace, defense, communications, data center and industrial markets. From there Amir went on to work for several successful emerging technology companies in Silicon Vallet, including Annuncio Software (acquired by PeopleSoft), NetScaler (acquired by Citrix), DataPower (acquired by IBM), and IBM where he held senior sales management and leadership positions. At DataPower, he was part of the original sales leadership team that built the company from a fledgling start-up woth no customer into a US$300M business while transitioning it to be one of IBM’s most successful acquisitions. He is married and lives with his wife in San Francisco, California. Amir is a Director of the Company, and a member of the Company’s audit committee.

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If a Profiled Issuer is an SEC reporting company, it could be delinquent (not current) in its periodic reporting obligations (i.e., in its quarterly and annual reports), or if it is an OTC Markets Pink Sheet quoted company, it may be delinquent in its Pink Sheet reporting obligations, which may result in OTC Markets posting a negative legend pertaining to the Profiled Issuer at www.otcmarkets.com, as follows: (i) “Limited Information” for companies with financial reporting problems, economic distress, or that are unwilling to file required reports with the Pink Sheets; (ii) “No Information,” which characterizes companies that are unable or unwilling to provide any disclosure to the public markets, to the SEC or the Pink Sheets; and (iii) “Caveat Emptor,” signifying buyers should be aware that there is a public interest concern associated with a company’s illegal spam campaign, questionable stock promotion, known investigation of a company’s fraudulent activity or its insiders, regulatory suspensions or disruptive corporate actions. If the Information states that a Profiled Issuer’s securities are consistent with the future economic trends or even if your independent research indicates that, you should be aware that economic trends have their own limitations, including: (a) that economic trends or predictions may be speculative; (b) consumers, producers, investors, borrowers, lenders and government may react in unforeseen ways and be affected by behavioral biases that we are unable to predict; (c) human and social factors may outweigh future economic trends that we state may or will occur; (d) clear cut economic predictions have their limitations in that they do not account for the fundamental uncertainty in economic life, as well as ordinary life; (e) economic trends may be disrupted by sudden jumps, disruptions or other factors that are not accounted for in economic trends analysis; in other words, past or present data predicting future economic trends may become irrelevant in light of new circumstances and situations in which uncertainty becomes reality rather than predicted economic outcome; or (f) if the trend predicted involves a single result, it ignores other scenarios that may be crucial to make a decision in the event of unknown contingencies. The Information is presented only as a brief snapshot of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities. You should consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.govwww.sec.gov, www.otcmarkets.com or other electronic media, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the OTCMarkets.com; (c) obtaining and reviewing publicly available information contained in commonly known search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.org. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and the OTC Markets and/or have negative legends and designations at otcmarkets.com. What we were paid to advertise the Profiled Issuers. The details of our compensation and the period of the Campaign is set forth below.
  • Name of Issuer & Ticker Symbol - GlobeX Data Ltd. (SWISF)
  • Amount & Form of Compensation - $1,000,000 in USD
  • Who Paid for the Campaign & Position with Company if any - GlobeX Data Ltd. (SWISF)
  • Period of Campaign - 12/1/2021 - 12/1/2022

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