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Okta is Hacked!

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Broad cybersecurity & identity management remains a big challenge, and even the top vendors providing services are not safe. Yes, "Okta, a critical player in corporate cybersecurity, has seen its market valuation plunge more than $2 billion since Friday, when it disclosed a hack by an unidentified group that could access client files. The identity management company has more than 18,000 customers, including big names such as Zoom. Its installations were also involved in the recent high-profile data breaches at hotel-and-casino companies MGM and Caesars, which resulted in losses totaling over $100 million. Okta itself was targeted earlier this year."

The San Francisco-based American firm Okta, Inc. specializes in identity and access management. The company's cloud-based software aids businesses in managing and securing application user authentication, and it enables developers to incorporate identity management into web services, devices, and apps. basketball stars