OTCWagon Initiates Coverage on: GlobeX Data Ltd. (SWIS/SWISF)

TORONTO - June 23, 2020 - PRLog -- OTCWagon is pleased to announce we have started coverage on breakout company GlobeX Data, Ltd. (SWIS/SWISF) - The Global Leader in Swiss Hosted Secure Data Management and Communications.

GlobeX Data Ltd. (SWIS/SWISF) distributes, designs and develops Swiss hosted cyber security and Internet privacy solutions for secure data management and secure communications. The Company distributes a suite of secure cloud-based storage, document management and collaboration, encrypted e-mails, and secure communication tools.

GlobeX Data Ltd.  (SWIS/SWISF) sells their  products through approved distributors and telecommunications companies worldwide, serving consumers, businesses and governments worldwide.

Why Switzerland?

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.

We are extremely excited to start coverage on GlobeX Data, Ltd. (SWIS/SWISF). With their extremely undervalued status, our investors will surely see their value!

John - IT Staff
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Tags:Cyber Security
Location:Toronto - Ontario - Canada
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