Cumhuriyet54 minutes agoBusiness1 min readTürkiyeView original

'Roadblock' statement from Borsa Istanbul: 'The contract was terminated before its due date'

Borsa Istanbul announced that the contract with Barikat Cyber Security was terminated and access to the corporate systems was not provided.

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Following the allegations raised by İYİ Party Deputy Ümit Özlale, Borsa Istanbul announced that it terminated its contract with Barikat Cyber Security and that no access was provided to the institution's data.

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Why It Matters

İYİ Party İzmir Deputy Ümit Özlale brought up funding allegations regarding the connections between Tera Holding and Barikat Cyber Security.

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Following the allegations that Barikat Cyber Security, which is affiliated with Tera Holding and mentioned in the funding allegations brought forward by NEW Party Izmir Deputy Ümit Özlale, provides security services to public institutions and Borsa Istanbul, a statement came from Borsa Istanbul.

In the statement, Barikat Internet Security Bilişim Ticaret A.Ş. It was stated that the contractual relationship with the company was terminated before its due date and it was stated that "Barikat Internet Security Bilişim Ticaret A.Ş. cannot access any information or systems of our institutions in any way."

Borsa Istanbul A.Ş. In the statement signed by General Manager Korkmaz Enes Ergun, "There has been a need to make the following statement following the news about our Borsa Istanbul Group that has been reflected to the public on social media and some media recently. Borsa Group's contractual relationship with Barikat Internet Security Bilişim Ticaret A.Ş. started in 2017. However, upon learning that the partnership structure of the company had changed, internal termination processes were initiated and the contract was terminated before its expiry. The contract with the said company is for 'product supply' and the products purchased are internationally accepted. "It is not possible for Barikat Internet Security Bilişim Ticaret A.Ş. to access any information or systems of our institutions."