For Immediate Release

Skybox Security AND WIPRO TECHNOLOGIES Launch Strategic Partnership TO Deliver Global MANAGED SECURITY

AND CONSUlTING SERVICES

 

Partnership Creates Comprehensive IT Risk and Compliance Services

Powered by Skybox View

BANGALORE, INDIA AND SAN JOSE, CA – December 10, 2007 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:

·        Proactively identify and reduce IT infrastructure risk

·        Lower cost of compliance

·        Conduct on-demand audits in minutes

·        Reduce resource dependency

·        Improve process efficiency

 

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.

“Offering our Security Risk Management software as part of a comprehensive managed security service through leading MSSPs is a natural evolution of our go-to-market strategy. We chose Wipro as our partner because they deliver comprehensive solutions and services within three of our fastest growing geographies – the United States, United Kingdom and Canada,” said Tom Doyle, president and chief executive officer for Skybox Security. “Wipro’s extensive global security consulting and device management expertise, as well as their proven service delivery model, will ensure global organizations will not run out of runway despite increasing risk and compliance demands. As a valued partner, Wipro significantly expands our market reach towards the goal of establishing Skybox View as a best practice.”

 

About Skybox Security
Skybox Security is the leader in security risk management (SRM). The company’s award-winning flagship software product, Skybox View, is successfully deployed in some of the most demanding, rapidly changing, and mission-critical networks in the world. With Skybox View, IT professionals can identify risks and security gaps before they can harm the business; achieve an instant and realistic understanding of compliance status; deploy scalable processes that reduce resource dependency; as well as establish effective communications across management, security and operations teams. Founded in 2002, Skybox Security is headquartered in San Jose, California.  For more information go to www.skyboxsecurity.com.

 

About Wipro

Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application development, and maintenance services to corporations globally. For more information, please visit http://www.wipro.com and http://www.wiprocorporate.com 

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Media Contact for Skybox Security:
Leslie Kesselring, Kesselring Communications, LLC,  +1-503-656-2847,
leslie@kesselring.net

Media Contacts for Wipro:

India:

Radhika Mahadeven, Wipro Technologies, +91 9945042603, radhika.mahadevan@wipro.com

 

Ranjani S. Roy, Gutenberg Communications, +91 9886377941, ranjani@gutenbergpr.com

 

UK:

Rahul Kadavakolu, , Wipro Technologies, + 44 792 020 5496, rahul.kadavakolu@wipro.com

 

US:

Abhishek Mendiratta, Wipro Technolgies, + 1 732 789 8646 abhishek.mendiratta@wipro.com

 

Lavanya DJ, Gutenberg Communications, + 1 917 623 7793, lavanya@gutenbergpr.com

 

 

 

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