Company Announcements

EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)--May 27, 2025-- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today released its "State of Cybersecurity Report 2025." The report underscores the growing importance of integrating AI into cybersecurity operations at a time of mounting cost pressures and increasingly sophisticated cyber threats.

The report surveyed over 100 global cybersecurity leaders and consultants and found that AI-driven automation and cost optimization were among the main cybersecurity priorities for organizations. In fact, 30 percent of respondents state that investing in AI automation to bolster cybersecurity operations and reduce costs is a top priority. Other strategies used by CISOs to optimize costs include tools rationalization (26 percent), security and risk management process optimization (23 percent) and operating model simplification (20 percent).

The report also highlights the growing role of AI in managing cyber threats and how investing in advanced AI-driven security solutions, continuously monitoring AI developments, and fostering a culture of innovation and adaptation within cybersecurity teams can play a significant role in risk management. Many CISOs are leveraging AI to improve threat detection and response times (31 percent) and to build enhanced incident response capabilities (24 percent).

This focus on AI to manage threats is only topped by implementing Zero Trust security frameworks, which is a top investment priority for 97 percent of survey respondents.

“Cybersecurity budgets are struggling to keep pace with the growing sophistication of cyber threats,” said Tony Buffomante, SVP & Global Head — Cybersecurity & Risk Services, Wipro Limited. “AI offers a solution by helping organizations strengthen defenses while optimizing costs. This allows CISOs to adopt a more outcome-driven focus by prioritizing risk-adjusted returns on investments.

“Wipro’s proven consulting-led approach and partnerships in the AI ecosystem and innovation network unlock opportunities to strengthen defenses while optimizing costs. We are helping clients build AI-powered cybersecurity operations that enable them to transform risks into opportunities and achieve a cyber resilient future,” Buffomante concluded.

According to the report, to leverage AI for cyber resilience across the organization, CISOs must work with their peers to get the correct data governance in place. They must also set up regular comprehensive cybersecurity training programs for all employees. Read the full findings of the report here.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With over 230,000 employees and business partners across 65 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at www.wipro.com.

Forward-Looking Statements

The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, 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, including, but not limited to, Annual Reports on Form 20-F. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250524581470/en/

Media:
Wipro Media Relations
media-relations@wipro.com

Source: Wipro Limited