Wipro Partners with and Invests in Demisto to Deliver Security Orchestration and Automated Incident Management as a Managed Service -- Wipro’s Strong Managed Services Offerings Combined with Demisto’s Comprehensive Incident Management Platform Deliver Automated Incident Management
BANGALORE, India, and LONDON and CUPERTINO, Calif. -- April 24, 2017 -- Demisto Inc., a Silicon Valley-based innovator in Security Automation and Orchestration technology, today announced a partnership with Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, to deliver integrated and automated incident response as a managed service.

Wipro's Cyber Threat Management Platform combined with Demisto's solution will provide customers with security orchestration, incident management and interactive investigation capabilities. Demisto enables security operations teams to reduce MTTR (Mean Time To Respond), create consistent and audited incident management processes, and increase analyst productivity.

"We are very excited to partner with Demisto to enhance our Cyber Threat Management Platform," said Sheetal Mehta, Vice President & Global Head, Cybersecurity & Risk Services, Wipro Limited. "Demisto’s automation and security orchestration capabilities combined with Wipro’s deep expertise in managing customers’ security infrastructure enables customers to respond to threats faster, and reduce risk and security operations cost. Wipro’s Cyber Threat Management Platform helps our customers transform their cyber risk posture."

"Wipro is a leader in delivering information technology, consulting and business services to organizations worldwide," said Slavik Markovich, Demisto co-founder and CEO. "We are excited about the partnership with such a global leader, which brings Demisto's solution to organizations worldwide to uniquely address their Security Operations Center (SOC) transformation, automation, collaboration and efficiency issues."

Demisto's orchestration engine is designed to automate security tasks across 100+ security products and weave human analyst activities and workflows with ease. A collaborative and interactive interface enables security operations teams to investigate, track evidences and manage the entire incident life cycle with a complete auditable trail. The information captured is indexed and available at analysts’ fingertips to hunt and respond to threats. Demisto Enterprise is powered by DBot, a security chatbot that learns from the real-life analyst interactions and past investigations. It helps SOC teams with analyst assignment suggestions, playbook enhancements, incident and indicator correlation, and best next steps for investigations. Using Demisto’s machine learning suggestions, analysts become smarter and efficient with every incident.

Along with the partnership agreement, Wipro Ventures, the strategic investment arm of Wipro Limited, made an investment in Demisto as part of the $20M Series B round of funding Demisto announced in February.

About Wipro Limited

Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO) is a leading information technology, consulting and business process services company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology." By combining digital strategy, customer centric design, advanced analytics and product engineering approach, Wipro helps its clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, Wipro has a dedicated workforce of over 170,000, serving clients across 6 continents.

About Demisto

Demisto helps Security Operations Centers increase efficiency, improve incident response times and processes. Demisto Enterprise combines security orchestration, collaboration and threat management to reduce manual work and provide decision support for SOC analysts. At the heart of Demisto’s technology is DBot, a security chatbot that is integrated with dozens of products and understands hundreds of security commands. Demisto is backed by Accel and other prominent investors and has offices in Silicon Valley and Tel Aviv.