Wipro, Skybox Launch Service

BANGALORE, India AND SAN JOSE, Calif. -- Skybox® Security, Inc., the leader in Security Risk Management, and Wipro Technologies, the global IT services arm of Wipro Limited (NYSE:WIT) and leading provider of security solutions, announced today a strategic partnership to globally deliver managed security and consulting services. This service is designed to help enterprises cost-effectively identify and prioritize information security risks as well as lower the cost of compliance. Wipro Technologies is the third Managed Security Services Provider (MSSP) to leverage Skybox View® as an enabling technology to improve overall service level delivery and market penetration.

For the first time, global organizations will be able to deploy a risk-based approach to IT Risk and Compliance Management delivered as a comprehensive services-model through Wipro. Enterprises who take advantage of Wipro new services will enjoy the following benefits:

Over the past three years Governance, Risk and Compliance Management has emerged as an effective approach to assessing threat relevance, quantifying IT infrastructure risk, prioritizing vulnerabilities, auditing controls, and lowering cost of compliance. According to leading industry analyst estimates, the market is expected to grow from $400 million to $850 million by 2010.

“Today’s IT risk and compliance needs present business and operational challenges which are difficult to continuously assess and scale,” stated Prasenjit Saha, Vice President, Wipro Enterprise Security Solutions. “Our partnership with Skybox will provide clients with considerable value by ensuring enterprises are able to cope with increasing risk and compliance demands using our Managed Security Services (MSS) powered by the Skybox View platform, providing high visibility into threats and automating their security processes.” As evidence of market demand, Wipro and Skybox will support a Fortune 500 company with operations in the United States, United Kingdom and Canada.

Skybox Security Inc.

Wipro Ltd.