Breach of employee accounts will not have any effect on Wipro's financials: COO

The breach of few employee accounts will not have any "effect" on financials of the company, Wipro COO B M Bhanumurthy said Tuesday.

The IT major said a few of its employee accounts had been affected by an "advanced phishing campaign", and it has taken remedial steps - including retaining an independent forensic firm - to contain and mitigate any potential impact.

Cybersecurity blog KrebsOnSecurity had said Wipro's systems had been breached and were being used to launch attacks against some of its clients.

"Most of the large enterprises face attacks now and then. There are bad players who continuously try phishing to get into our environment. Thereafter, we have to detect them; disable the connection from wherever it is coming from. If it is coming from a bad IP address, we have to act against it," Bhanumurthy said when asked if the breach will have any impact on the financials of the company.

"All enterprises take precautions on cyberattacks directed, especially on their customers ...