Cybersecurity
Barclays Hacks Its Own Systems to Find Holes Before Criminals Do
- Cyber attacks viewed as a growing risk by U.K. banks
- Criminals are improving their methods `all the time'
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Barclays Plc is hacking its own computer systems to stay a step ahead of the criminals.
Troels Oerting, who joined as chief information security officer in February, set up a so-called red team in recent weeks to attack the digital defenses of the London-based bank. His goal is to find any flaws and fix them before thieves, vandals or terrorists can exploit them.