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Globex Data Featured on GadjetGram Article On Reducing Cyber Attacks

 Don’t Be the Victim of a Cybercriminal

Article by Alain Ghiai, CEO of GlobeX Data Ltd.
(See Full Author’s Bio at the end)

This bylined article was written for your consideration, offering tips on how everyday people can better protect themselves from the ever-growing threat of a cyberattack.

Introduction

Not a day seems to go by without reading about the latest cyberattack.  No one is safe anymore — big companies like Equifax and Facebook to Uber and eBay have been suffered major security breaches, along with countless everyday people. There has long been a prevailing attitude among many individuals that goes, “If I get hacked, I’ll just change my password.” Whether that reflects misplaced trust in our constantly-connected world or simply laziness, it seems the majority of people think a digital security breach will never strike them and if it does, it won’t be a big deal. But deep inside they know that may not be true.

Victim of a Cybercriminal

Not only is our money at risk, but our personal information, as well. As for easily fixing things after you’ve been hacked? Ask anyone who’s been digitally compromised and they will tell you it can take years to repair the damage.

With the deck seemingly stacked against us, what chance does the average person have if the bad guys have them in their crosshairs? Despite numerous reports of major corporations and entire cities being held hostage by cyber criminals, there actually are things the average person can do to protect him or herself.

Tips on How to Safeguard Against the Next Cyberattack

  • Never assume you are safe online.

Today’s online world is convenient, with apps for everything and access to our personal finances and our most personal information just a tap away on our smartphones. But convenience comes at a price. This very ease in use is at the center of the problems we are facing today.

  • Cyber theft is largely based on hackers using your personal information against you.

The biggest culprit is social media. Whenever you update your status on any of the many platforms, you are giving away information about yourself which artificial intelligence can capture. Through this means hackers can develop a profile on you and your personal habits, including determining where you bank, where you eat, which gym you frequent. Most people don’t realize they are making it easy for hackers to target them by announcing their profiles to the world.

  • Do not use free services, such as Wi-Fi, email and cloud data storage.

While many of these online services are household names and extremely popular — such as WhatsApp and Facebook Messenger — they are all inherently insecure. In addition, your privacy is compromised when you use them. Remember the old saying, “Nothing is really free?” Their business model is based on advertising and through their careful monitoring of the habits of their users. Countless millions of individuals are inadvertently handing over their personal data to these companies, which they turn around and sell to other businesses.

Victim of a Cybercriminal

  • Consider using an encrypted email service to protect the privacy and security of your messages.

If you insist on staying with G-mail, Yahoo mail or any of the other many free email services, assume your messages can be read by anyone.  Therefore, do not send anything sensitive or personal via these email services, such as credit card numbers and passwords.

  • Always remember that when you connect to Wi-Fi in a coffee shop, hotel or airport, you are inadvertently exposing yourself to virtually every single person who is logged on at the same time.

Many hackers hang out on public Wi-Fi just waiting for the opportunity to strike.

  • Do not do online banking through apps.

Apps are created by third-party developers and there is no way to know they are secure.  Your life savings could be wiped out simply by using an app with security holes.

  • We’ve all heard this a million times, but do not use the same password for all your accounts.

Also, be sure to change them regularly. The easiest way to handle this is through an inexpensive password manager.

Conclusion

The piece was written by Alain Ghiai, the CEO of GlobeX Data Ltd., a publicly-traded company which hosts its international cybersecurity services out of Switzerland. (https://www.globexdatagroup.com)

About Alain Ghiai:

Alain Ghiai is the CEO of GlobeX Data Ltd., a publicly listed company (CSE:SWIS) that distributes, designs and develops Swiss-hosted software and cybersecurity solutions for secure data management and secure communications. He has been an active internet entrepreneur since 2000. In 2009, he was mandated by the Republic and State of Geneva’s Economic Development Office to represent it to Gulf Cooperation Council countries and Canada in all matters relating to the fostering of good relationships between companies originating in GCC countries, Canada and Switzerland. (https://www.globexdatagroup.com)

 

David Novak

For the last 20 years, David Novak has appeared in newspapers, magazines, radio, and TV around the world, reviewing the latest in consumer technology. His byline has appeared in Popular Science, PC Magazine, USA Today, The Wall Street Journal, Electronic House Magazine, GQ, Men’s Journal, National Geographic, Newsweek, Popular Mechanics, Forbes Technology, Readers Digest, Cosmopolitan Magazine, Glamour Magazine, T3 Technology Magazine, Stuff Magazine, Maxim Magazine, Wired Magazine, Laptop Magazine, Indianapolis Monthly, Indiana Business Journal, Better Homes and Garden, CNET, Engadget, InfoWorld, Information Week, Yahoo Technology and Mobile Magazine. He has also made radio appearances on the The Mark Levin Radio Show, The Laura Ingraham Talk Show, Bob & Tom Show, and the Paul Harvey RadioShow. He’s also made TV appearances on The Today Show and The CBS Morning Show. His nationally syndicated newspaper column called the GadgetGUY, appears in over 100 newspapers around the world each week, where Novak enjoys over 3 million in readership. David is also a contributing writer fro Men’s Journal, GQ, Popular Mechanics, T3 Magazine and Electronic House here in the U.S.

“Behind the Buzz” Show: GlobeX Data (CSE: SWIS) (OTC: SWISF) CEO Alain Ghiai

FinancialBuzz.com’s latest Behind the Buzz Show: Featuring GlobeX Data Ltd. CEOAlain Ghiai

 

PDG de GlobeX Data Ltd., Alain Ghiai Sur ICI Radio Canada International - les données volées peuvent être utilisées pour faire de l’extorsion sur le « dark web »?

Alain Ghiai explique que des données volées peuvent être utilisées pour faire de l’extorsion sur le « dark web » au micro de Maryse Jobin.

La cybersécurité passe par des investissemenst accrus par les gouvernements et les entreprises privées. Photo : Radio-Canada

Entreprises et gouvernements doivent améliorer leur cybersécurité

 

Il y a quelques semaines, un médecin albertain a compromis les données de milliers de patients en utilisant son courriel personnel gmail pour partager des informations.

Selon Alain Ghiai, expert en cybersécurité, les courriels personnels ne sont pas suffisamment sécurisés pour partager de l’information de nature médicale.

Une tendance qu’il constate dans des entreprises privées et des services gouvernementaux. Ils ont souvent du mal à mettre à jour leurs vieux ordinateurs et ceux-ci peuvent facilement être la proie de cyberattaques.

Ou comme dans l’exemple du médecin albertain, les mesures de sécurité de base n’ont pas été appliquées.

Alain Ghiai explique que des données volées peuvent être utilisées pour faire de l’extorsion sur le « dark web » au micro de Maryse Jobin

 
Alain Ghiai répond aux questions de Maryse Jobin. Photo: Courtoisie

Autre phénomène de fuites de données, les entreprises qui font affaire avec des tierces pour assurer leur sécurité. Alain Ghiai, pdg de GlobeX Data Ltd. :

« 62 % des fuites dans les bases de données tels que Capital One sont faites par les employés de la société directement. Et ça c’est un grand problème, car ils utilisent une société tierce pour garder leurs bases de données et là il faut leur faire confiance. Cela dit, il y a moins de risques en utilisant l’infonuagique que ses propres machines dans ses bureaux.»

 

GlobeX Data CEO asks: How much is your data worth to you?

https://ca.proactiveinvestors.com//companies/news/902500/globex-data-ceo-asks-how-much-is-your-data-worth-to-you-902500.html

GlobeX Data CEO asks: How much is your data worth to you?

The company is readying a marketing push at a time when the cybersecurity market is set to exceed US$300 billion within five years

hands typing data
GlobeX offers a product suite for cloud-based storage, document management, encrypted e-mail and secure communication
 

GlobeX Data Ltd (CSE:SWIS) is on a mission to keep your data and communications safe, and in a world where each week seems to bring news of yet another large-scale data breach, it’s a mission of vital importance.

The Vancouver-based company offers a powerful product suite for cloud-based storage, document management, encrypted e-mail and secure communication with a few twists that differentiate it from the competition.

For one, data is stored in Switzerland - by Swiss partner GlobeX Data S.A. - in centres used by Swiss banks and organizations such as the United Nations. Switzerland is home to some of the strongest privacy protection laws in the world thanks to regulations such as the Swiss Federal Data Protection Act and the Swiss Federal Data Protection Ordinance.

GlobeX Data is readying a marketing push at a time when the cybersecurity market, by some counts, is set to exceed US$300 billion within five years, making the company’s recent debut on the Canadian Securities Exchange particularly timely.

In an interview with Proactive, CEO Alain Ghiai explained why data is such a valuable commodity and why that means companies and individuals alike need to take more caution to protect themselves.

Can you give us a quick introduction to GlobeX Data and the company’s origins?

GlobeX Data has its origins in Switzerland and in payment processing. In 2008, during the credit crunch, most of the banks stopped lending to merchants. We used our technology to transform ourselves into a data backup company. In 2010, we started to develop a couple of products, the first of which became DigitalSafe, our secure backup file-share password manager. In 2012, I started GlobeX Data Inc. out of New York to expand in North America.

I was approached to license our technology to a CSE-listed company, which eventually became a shell company. When the licensing was supposed to be exchanged for funds the company didn’t have the money, so I called my board members and suggested listing on the CSE ourselves and formed GlobeX Data Ltd. We raised money locally and set up an office in Vancouver. We started to receive a lot of interest from overseas and wanted to have an entity that handled everything outside of our Swiss-based private company. Vancouver was a perfect choice geographically to handle Asia and Latin America, our prime targets to start off our international business, and was also selected for the purpose of going public in an IPO on the CSE.

Our first major contract was with America Movil and its mobile division in Mexico called Telcel that has 75 million subscribers. Because they’re in 26 countries, we would eventually be able to sell services from the US all the way down through South America. Over the last couple of years, we’ve signed deals with half a dozen partners. America Movil has close to 400 million subscribers, almost 300 million of them mobile users.

Why did it make sense to go public now?

Our goal in going public was to have a platform to raise more money and get wider recognition because when you are public it brings a level of transparency to the company that our partners like. Right now, data security and privacy are becoming predominant subjects in our society. People are the product now – the big companies are making money off our data. There is no real player that can offer the variety of services that we do when it comes to privacy and security. Our prime directive is to respect your privacy. We use the best security possible and have proprietary technology that other businesses don’t use because they think it’s too costly. Storage has become commoditized, but there’s no price for privacy.

I find that Canadians are quite conservative, almost too conservative to adopt new technologies. Also, they underestimate the value of security or privacy and the value that they hold. I think US investors value technology stocks a lot more than we do in Canada. This is why companies go to the US to get funding – investors there will pay for innovation. It’s a shame because Canada is a fantastic country with some great tech stories. In order to attract more investors in the US, we plan to co-list in the US market by Q1 of 2020.

There’s a lot of talk out there that data is more valuable a commodity than oil. What’s your take?

I think data is even bigger than oil right now. The thing that makes it valuable is that a company or group can use it to create a profile and sell it to a third party to try and sell something to the consumer. Contrary to oil, which is a consumable, data can be repackaged and resold. Thanks to social media, the public is used to advertising their status every few minutes.

Why is it that people seem to be incredibly willing to give away their data for free?

When it comes to information, anything that is “easy” in the digital world is counterbalanced by the individual giving away more and more privacy. We live in a society where everything needs to be instant. If you want to have this instantaneous response, you are essentially giving away your data for free. Most people don’t realize the danger that this can cause because the average person doesn’t think they have anything to hide. It’s not about hiding from the government, it’s about keeping your data private so commercial companies don’t exploit you like a commodity.

How do the services work? Are they an alternative to popular instant messaging applications?

GlobeX’s services don’t use open source coding; instead, we use our own technology to add privacy and security by design. We try to offer what businesses and people need, which is a backup for their data and a file share and secure e-mail. DigitalSafe is like a Dropbox, e-mail, and a password manager all in one. Our e-mail engine, Custodia, lets you send a message to an unsecured e-mail address and that service will not be able to read the content. PrivaTalk is a secure communications suite with chat, voice, video and e-mail. Our chat has a self-destruct timer that will disappear on the device. We never require your phone number because the minute you do that, hackers have an even higher ability to access your data.

We are also launching a product called Sekur, a service for high net worth individuals and corporations, in the fourth quarter of 2019. We were inspired to create the product from the Sony hack that happened a few years ago. This service is for any business where management wishes to communicate without the in-house IT department knowing what’s going on.

What else is coming down the pipeline in the next few months?

We’ve already released DigitalSafe and PrivaTalk and plan to launch Sekur before the end of the year. In Mexico, we’ve launched and integrated DigitalSafe with America Movil and are planning to release PrivaTalk by the end of the year. Another product we’re excited about is PrivaTalk Messenger, which is similar to BlackBerry Messenger in that it’s a server-based closed-loop system. We’re going to launch PrivaTalk Messenger by the end of the year as well.

We’ve talked at length about the dangers of leaving data unsecured. What are some simple steps that we as individuals can take to protect our information?

The question that we need to be asking ourselves is how much is our data worth to us? The first thing I would advise is to reduce your social media footprint. Essentially, you are announcing to the world where you are and what you’re doing, and eventually artificial intelligence will put together a profile on you that can lead to hacking.

The second thing is to use secure services. There’s no free privacy or security. Use a paid service that will secure your information because at least then you have some sort of comfort or recourse that your data is safe.

Contact Angela at This email address is being protected from spambots. You need JavaScript enabled to view it.

Follow her on Twitter @AHarmantas

 
 

PDG de GlobeX Data Ltd., Alain Ghiai sur ICI Radio Canada Alberta - Les données en santé : prochain eldorado des pirates informatiques

Le piratage informatique à Services de santé Alberta a exposé des failles importantes dans la sécurité de nos données.

À ce sujet, les millénariaux ont un faux sentiment de sécurité quant à leur information selon Alain Ghiai, expert en sécurité numérique et PDG de GlobeX Data à Vancouver. Il nous explique pourquoi nous devrions prendre cet enjeu du 21e siècle très au sérieux.

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