The scrip gave up its early gains and declined 3.48 per cent to Rs 278.10 on BSE.
At NSE, shares dropped 3.37 per cent to Rs 278.
The Bengaluru-based company, which is scheduled to announce its fourth quarter financial results later in the day, said it has also retained an independent forensic firm to assist the company in its investigation of the matter.
Cybersecurity blog KrebsOnSecurity had said Wipro's systems had been breached and were being used to launch attacks against some of its clients.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)