Maybe any news is good news? Never stopped Facebook, OKTA, or Amazon
Who studies these things? Bring to mind how companies manage customer trust, reputation, and culture
There are zero consequences for data breaches. The only way to make companies suffer for lax security is to sue them, and that takes many years and ends up with minimal damage.
Okta wasn't a data breach like the media is talking about! Some unsecure data got leaked, core product data is 100% safe.
Yeah but they failed to disclose the full extent which hurts customer trust.
How you do anything is how you do everything. If they butcher small breech, imagine the lengths they will go on a huge one..
The only thing that's worse than a company that has a data breach is being a company that claims to protect companies from data breaches and has one themselves. After all, if you can't protect yourself, how can you say you can help others? Okta has been on the decline for years, and this is another reason why they will ultimately collapse.
Which is the best/most secure? RSA?
You can't compare the two. Those companies solve different security use cases.
This incident potentially benefits Okta. The company was transparent and has outlined series of action plans to bolster it's security. will likely to come out of this better once the dust settles.
Infosec experts disagree. They lost a lot of credibility, and it couldn't have happened at a worse time.
Nah. It will be forgotten in no time because these infosec experts will have another vendor breach or even worse their own incident. Security is hard and most of them understand that.
I’m wondering whether the stock pumped because it was day 1 of the espp period & the company bought stock to meet the distribution for the period…but maybe I don’t know how that works…
I thought they always print new shares for those purposes.
In short term it hurts. It's the company response that determines what happens in the long term. I hope okta wakes up and fixes all sec gaps.