Enables real-time attack visibility to prevent
cyber attacks
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading
global information technology, consulting, and business process
services company, today announced a partnership with Vectra
Networks, a Silicon Valley-based cybersecurity company that
provides automated threat management solutions for real-time
detection of in-progress cyber attacks.
Wipro will leverage the Vectra automated threat management
platform built with artificial intelligence-based on machine
learning and behavioral analytics to detect attacker behaviors and
user anomalies in the network.
According to Gartner, “Most enterprises have limited
capabilities to detect and respond to breaches when they inevitably
occur, resulting in longer ‘dwell times’ and increased
damage.”1
We believe organizations these days incur significant fines
because they do not have adequate solutions to detect breaches or
cannot contain them in a reasonable period.
Gartner also says that by 2020, 60% of enterprise information
security budgets will be allocated to rapid detection and response
approaches — up from less than 10% in 2014.1
As threats became more intelligent and sophisticated,
traditional security solutions will become inadequate over time
because they will continue to make snap judgments based on
incomplete information.
Wipro’s ‘Threat Hunting as- a- Service’ offering, powered by
Vectra Networks, provides enterprises with an automated threat
hunting platform for real-time detection of threats. Wipro’s
offering complements the Vectra platform with comprehensive ‘Threat
Life Cycle Management Capabilities and Services’ to the
enterprise.
Wipro offers its ‘Threat Hunting as- a- Service’ round-the-clock
from its Cyber Defense Centers spread across the world, including
Georgia and Texas, USA, Mississauga, Canada, Warsaw, Poland and
multiple centers in India.
"We are very excited to partner with Vectra to launch our
‘Threat Hunting as- a -Service offering,’" said Hiral Chandrana,
Senior Vice President & Global Head, Business Applications and
Cybersecurity & Risk Services, Wipro Limited. “‘Threat
Hunting as- a- Service’ combines the best of next-gen technology
from Vectra Networks and managed services from Wipro. This service,
which is part of Wipro’s Cyber Defense Platform, is key to our
strategy to meet the cyber threat management demands of
enterprises, worldwide.”
“Many organizations already leverage Wipro’s managed security
services as a natural extension of their IT organization,” said
Hitesh Sheth, Chief Executive Officer of Vectra Networks.
“Our partnership with Wipro will fast-track our global footprint
and significantly increase our ability to address the security and
service needs of large enterprises. Using the Vectra automated
threat management platform, Wipro will deliver the industry’s first
‘Threat Hunting-as -a –Service’ that leverages artificial
intelligence based on machine learning and behavioral
analytics.”
About Wipro Limited
Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO) is a leading
information technology, consulting and business process services
company that delivers solutions to enable its clients do business
better. Wipro delivers winning business outcomes through its deep
industry experience and a 360 degree view of “Business through
Technology.” By combining digital strategy, customer centric
design, advanced analytics and product engineering approach, Wipro
helps its clients create successful and adaptive businesses. A
company recognized globally for its comprehensive portfolio of
services, strong commitment to sustainability and good corporate
citizenship, Wipro has a dedicated workforce of over 170,000,
serving clients across 6 continents. For more information, please
visit www.wipro.com.
About Vectra Networks
Vectra Networks is Vectra® Networks is the leader in automated
threat management solutions for real-time detection of in-progress
cyber attacks in campus and data center networks. The company’s
solution automatically correlates threats against hosts that are
under attack and provides unique context about what attackers are
doing so organizations can quickly prevent or mitigate loss. Vectra
prioritizes attacks that pose the greatest business risk, enabling
organizations to make rapid decisions on where to focus time and
resources. In August 2016, Vectra earned Best of BlackHat for Most
Innovative Emerging Company and in 2015, Gartner named Vectra a
Cool Vendor in Security Intelligence for addressing the challenges
of post-breach threat detection. Vectra investors include Khosla
Ventures, Accel Partners, IA Ventures, AME Cloud Ventures and DAG
Ventures. The company’s headquarters are in San Jose, Calif., and
it has European regional headquarters in Zurich, Switzerland. More
information can be found at www.vectranetworks.com.
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth
prospects are forward-looking statements, which involve a number of
risks, and uncertainties that could cause actual results to differ
materially from those in such forward-looking statements. The risks
and uncertainties relating to these statements include, but are not
limited to, risks and uncertainties regarding fluctuations in our
earnings, revenue and profits, our ability to generate and manage
growth, intense competition in IT services, our ability to maintain
our cost advantage, wage increases in India, our ability to attract
and retain highly skilled professionals, time and cost overruns on
fixed-price, fixed-time frame contracts, client concentration,
restrictions on immigration, our ability to manage our
international operations, reduced demand for technology in our key
focus areas, disruptions in telecommunication networks, our ability
to successfully complete and integrate potential acquisitions,
liability for damages on our service contracts, the success of the
companies in which we make strategic investments, withdrawal of
fiscal governmental incentives, political instability, war, legal
restrictions on raising capital or acquiring companies outside
India, unauthorized use of our intellectual property, and general
economic conditions affecting our business and industry. Additional
risks that could affect our future operating results are more fully
described in our filings with the United States Securities and
Exchange Commission. These filings are available at www.sec.gov. We
may, from time to time, make additional written and oral
forward-looking statements, including statements contained in the
company’s filings with the Securities and Exchange Commission and
our reports to shareholders. We do not undertake to update any
forward-looking statement that may be made from time to time by us
or on our behalf.
1 Gartner “Designing an Adaptive Security Architecture for
Protection From Advanced Attacks,” by Neil MacDonald and Peter
Firstbrook, 12 February 2014, Gartner Foundational, 28 January
2016, ID G00259490,
https://www.gartner.com/doc/2665515/designing-adaptive-security-
architecture-protection
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160912005785/en/
Wipro LimitedSandhya Sutodiasandhya.sutodia@wipro.com
Wipro (NYSE:WIT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Wipro (NYSE:WIT)
Historical Stock Chart
From Sep 2023 to Sep 2024