Wipro hacking eyeopener for Indian firms: Experts

Wipro hacking eyeopener for Indian firms: Experts

New Delhi: Cyber security experts on Wednesday raised alarms over the attack on IT bellwether Wipro, saying that no organisation, regardless of its size, is immune from sophisticated cyber criminals in India. Wipro is currently investigating the hacking into its IT systems which are allegedly being used to launch attacks against some of the company’s customers. Cyber security blog KrebsOnSecurity first reported the Wipro breach. Citing anonymous sources, it said Wipro’s systems were being used to target at least a dozen customer systems.

“The latest cyber attack on Wipro’s IT systems are deeply concerning — and yet not surprising. The reports suggest that nefarious actors compromised digital identities/credentials of approved users so as to operate within the Wipro network, masquerading as insiders,” Surendra Singh, Senior Director and Country Head, Forcepoint, told. The global software major on Tuesday reported a Rs 2,494 crore net profit in the fourth quarter of fiscal 2018-19, registering 38 percent annual growth. For fiscal 2018-19, net profit grew 12.4 per cent annually to Rs 9,000 crore. (IANS)

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