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(TheNewswire)
June 8, 2020 - TheNewswire - Toronto, Ontario - GlobeX Data Ltd. (OTCQB:SWISF) (CSE:SWIS) (“GlobeX” or the “Company”), the leader in Swiss hosted cyber security and Internet privacy solutions for secure data management and secure communications, is pleased to announce that it is in the final stages of its PrivaTalk Messenger launch, the Company’s Swiss hosted encrypted and private instant messaging application for all devices on web and mobile devices.
In light of what has been happening recently with all the data breaches in messaging applications and in particular in the WhatsApp application, and the need for more secure and private messaging and secure communication solutions, GlobeX Data has decided to fast track the launch of its PrivaTalk Messenger to the market for everyone to purchase. Until recently, the service was only available to the Company’s large distributors and government clients.
PrivaTalk Messenger or “PTM”, is the Company’s Swiss hosted secure communications suite, which includes encrypted messaging with self-destruct timer and the Company’s encrypted email service called Custodia. Custodia is a secure email with proprietary SecureSend and SecureReply anti-phishing and privacy technology. SecureSend lets a user send an email to any other recipient in full privacy and security as the email never leaves Custodia’s encrypted email servers based in Switzerland. The recipient can then click on the notification and reply in the same SecureSend manner, called SecureReply, without the recipient having to purchase PrivaTalk Messenger or Custodia. This process is revolutionary as no information is traveling on the open internet and the privacy and security of both the sender and recipient are guaranteed. A sender can also add a password protection, a limit on the reads by the recipient and a self-destruct timer for each email sent. This is also a guarantee to eliminate BEC attacks for businesses and email phishing attacks.
One of the many Privacy and security features of PrivaTalk Messenger is that the user does not register with their phone number, eliminated a huge loophole in security and privacy. Just recently, according to an article written by Lindsey O’Donnell and posted on the website threatpost.com on June 5 2020, it was disclosed that WhatsApp phone numbers and users were searchable on Google, creating a massive security and privacy breach. Earlier in the year, an article was written about a similar flaw affecting all businesses, NGOs, UN and non-profit organizations, where WhatsApp Group members were also compromised and searchable in a reverse engineering trick done on Google. Many articles have been published in the last year discussing the many hacks and flaws of the traditional model used by all other messaging applications and WhatsApp in particular.
PrivaTalk Messenger eliminates many of the privacy and security risks by not only not requiring a phone number, which would divulge a user’s phone device ID, but also by not social engineering a user’s phone or computer contact list and infecting the contacts by default as well. PrivaTalk Messenger issues each user a username and a PTM number. The PTM number is the contact ID a user would disclose in order for other PTM users to be added. The service comes with a self-destruct timer and other features as well, including GlobeX’s proprietary VirtualVaults and HeliX technologies with all data stored in Swiss hosted encrypted servers.
The Company
plans to offer PrivaTalk Messenger by July 4th 2020 for an
introductory price of under USD 10/month/user and will include 100GB
of email and message storage as well. Further information will be
released at the time of the actual launch. GlobeX Data plans to offer
PTM as a secure and private alternative mostly for business users,
however, it has already received interest from consumers as well. The
service will be available for purchase at https://www.privatalk.com .
GlobeX’s Data
privacy solutions are all hosted in Switzerland, protecting users’
data from any outside data intrusion requests. In Switzerland, the
right to privacy is guaranteed in article 13 of the Swiss Federal
Constitution. The Federal Act on Data Protection (“FADP”) of 19
June 1992 (in force since 1993) has set up a strict protection of
privacy by prohibiting virtually any processing of personal
data which is not expressly authorized by the data subjects. The
protection is subject to the authority of the Federal Data Protection
and Information Commissioner.
Under Swiss federal law, it is a crime to publish information based on leaked “secret official discussions.” In 2010 the Federal Supreme Court of Switzerland found that IP addresses are personal information and that under Swiss privacy laws they may not be used to track Internet usage without the knowledge of the individuals involved.
About GlobeX Data
Ltd.
GlobeX Data Ltd.
is a Cybersecurity and Internet privacy provider of Swiss hosted
solutions for secure data management and secure communications. The
Company distributes a suite of secure cloud-based storage, disaster
recovery, document management, encrypted e-mails, and secure
communication tools. GlobeX Data Ltd. sells its products through its
approved wholesalers and distributors, and telecommunications
companies worldwide. GlobeX Data Ltd. serves consumers, businesses and
governments worldwide.
On behalf of
Management
GLOBEX DATA LTD.
Alain
Ghiai
President and
Chief Executive Officer
+1.416.644.8690
[email protected]
For more
information please contact GlobeX Data at [email protected] or visit us at
https://globexdatagroup.com.
For more
information on DigitalSafe visit us at: https://digitalsafe.com.
For more
information on PrivaTalk and PrivaTalk Messenger visit us at:
https://privatalk.com.
Forward Looking Information
This news release contains certain
forward-looking information within the meaning of applicable Canadian
securities laws ("forward-looking statements"). All
statements other than statements of present or historical fact are
forward-looking statements. Forward-looking statements are often, but
not always, identified by the use of words such as
"anticipate", "achieve", "could",
"believe", "plan", "intend",
"objective", "continuous", "ongoing",
"estimate", "outlook", "expect",
"project" and similar words, including negatives thereof,
suggesting future outcomes or that certain events or conditions
"may" or "will" occur. These statements are only
predictions. These statements reflect management’s current
estimates, beliefs, intentions and expectations; they are not
guaranteeing future performance. GlobeX cautions that all
forward-looking statements are inherently uncertain and that actual
performance may be affected by a number of material factors, many of
which are beyond GlobeX’s control. Such factors include, among other
things: risks and uncertainties relating to the future of the
Company’s business; the success of marketing and sales efforts of
the Company; the projections prepared in house and projections
delivered by channel partners; the Company’s ability to complete the
necessary software updates; increases in sales as a result of
investments software development technology; consumer interest in the
Products; future sales plans and strategies; reliance on large channel
partners and expectations of renewals to ongoing agreements with these
partners; anticipated events and trends; the economy and other future
conditions; and other risks and uncertainties, including those described in GlobeX’s
prospectus dated May 8, 2019 filed with the Canadian Securities
Administrators and available on www.sedar.com. Accordingly, actual and
future events, conditions and results may differ materially from the
estimates, beliefs, intentions and expectations expressed or implied
in the forward-looking information. Except as required under
applicable securities legislation, GlobeX undertakes no obligation to
publicly update or revise forward-looking information.
Copyright (c) 2020 TheNewswire - All rights reserved.
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