Wipro, US-based Cyble partner to offer AI-driven cybersecurity risk management solutions

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Information technology firm Wipro said it partnered with US-based Cyble on August 8 to enhance enterprise cybersecurity risk management through AI-driven threat intelligence solutions.

"The partnership brings together Cyble's patented artificial intelligence (AI) systems and automation capabilities with Wipro’s global security and compliance expertise to provide security teams with deeper insights and enable more informed decision-making," the company said in an exchange filing.

The collaboration integrates the capabilities of both companies to provide real-time threat intelligence, proactive attack surface, management, and comprehensive risk assessments that can fortify businesses against advanced cyber threats.

Cyble and Wipro’s integration will help in capabilities in dark web monitoring and brand protection, ensuring early threat detection with more effective responses.

"Cyble’s leadership in AI and automation perfectly complements the deep understanding of today’s risk and compliance challenges that Wipro’s expert Cybersecurists bring to the table," Tony Buffomante, Senior Vice President & Global Head – Cybersecurity & Risk Services, Wipro, was quoted as saying in the release.

Cybersecurity has become a challenging issue at a time when firms and individuals are facing increased attacks globally. The Indian government in the 2024 interim budget nearly doubled the allocation for cybersecurity projects from Rs 400 crore in 2023-2024 to Rs 759 crore in 2024-2025.

In 2022-2023, the allocated budget for cybersecurity projects was Rs 30 crore. However, for the 2023-2024 period, there was a significant increase. In this year's budget, the allocation estimates have been revised to Rs 759 crore.

Also read: Govt nearly doubles allocation for cybersecurity projects in Budget 2024