As you can read the owner was the CIA and the BND [1] and NOT FIS. BUT:
>>According to a Swiss parliamentary investigation, "Swiss intelligence service were aware of and benefited from the Zug-based firm Crypto AG’s involvement in the US-led spying".
[1]The company was secretly purchased for US $5.75 million and jointly owned by the American Central Intelligence Agency (CIA) and West German Federal Intelligence Service (BND) from 1970 until about 1993.
I’m not under any illusion that there’s any “Swiss exceptionalism” when it comes to privacy.
It's a very sketchy behavior for a company that says they care about your privacy.
Switzerland is relatively consistent in offering equal treatment, so maybe it'll eventually turn out that some outlet or another is controlled and manipulated in sinister ways by China, India, or maybe the Vatican or Bhutan.
Absolutely correct.
Nor are they safe from the Swiss government either.
https://techcrunch.com/2021/09/06/protonmail-logged-ip-addre...
Exhibit A your honor: https://en.wikipedia.org/wiki/Crypto_AG
I have a Proton account by the way, but I'm not under the illusion that my emails are safe from 3 letter agencies.