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Wipro Ltd clarifies on cyber attack

Posted On: 2019-04-19 22:49:15

Wipro Ltd has announced that it became aware of a potentially abnormal activity within its network about 10 days ago in respect of few of its employee accounts, who were subjected to an advanced phishing campaign.

Upon learning of the above, the Company promptly kicked off its standard operating procedure for addressing such incidents. We began investigating the incident, identified and isolated the employee accounts which were impacted, took remedial steps to contain the incident and mitigate any potential effects of the incident. The Company also informed the handful of customers where the affected employees are engaged. Like any large enterprise, the Company investigates over 4.8 million alerts in a year.

The Company has used its industry leading Cyber Security practices and partner ecosystem for remedial steps and has shared this intelligence with its partners to develop the AntiVirus signatures. The same has been applied to our enterprise systems. We are collaborating with our partner ecosystem to collect and monitor advanced threat intelligence for enhancing our security posture. We continue to monitor our enterprise infrastructure at heightened level of alertness.

The company has clarified that the incident did not impact the Company's ongoing critical business operations. This information would not fall under the category of developments to be notified under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations").

Shares of WIPRO LTD. was last trading in BSE at Rs.284.8 as compared to the previous close of Rs. 281.1. The total number of shares traded during the day was 2505705 in over 19501 trades.

The stock hit an intraday high of Rs. 289.65 and intraday low of 281. The net turnover during the day was Rs. 713604423.


Source: Equity Bulls

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