Hacking / fraud at Wipro
Most large companies dealing with physical products have a lot of internal controls and systems in place, every action is usually cross checked by people from at least 2 other departments. Things change in the IT and internet industry quickly, so it may be difficult for them to put proper systems in place, but it is also important to ensure that the people they hire are reliable and understand their personal value system. A person may be smart, but if he does not follow the rules, it can be a nightmare for the employer and others who deal with him.

In this case the password was stolen and money transferred out, but no complaint was filed with the cybercrime cell. I wonder how many similar crimes are hushed up?