Technoloty News : Okta says hackers stole customer access tokens from support unit

Identity and access giant Okta said a hacker broke into its customer support ticket system and stole sensitive files that can be used to break into the networks of Okta’s customers. Okta chief security officer David Bradbury said in a blog post Friday that a hacker used a stolen credential to access the company’s support…

Technoloty News :  Okta plans to weave AI across its entire identity platform using multiple models .
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Technoloty News : Okta plans to weave AI across its entire identity platform using multiple models .

One thing is clear this year: Generative AI is having a tremendous impact on the software industry, and a week doesn’t pass without software companies announcing their plans to incorporate the seemingly game-changing technology into their platforms. This week, it’s Okta’s turn. The identity company is making a slew of AI-related announcements at the company’s…

Technoloty News :  Okta acquires a16z-backed password manager Uno to develop a personal tier .
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Technoloty News : Okta acquires a16z-backed password manager Uno to develop a personal tier .

Okta, the U.S.-based identity management giant, announced today that it has acquired password management app, Uno. The company said that Uno’s team will help speed up the public launch of the Okta Personal tier, a password manager for consumers. Uno, founded by former Google engineer Parteek Saran, launched an app earlier this year to make…

Technoloty News :  Enterprise SaaS companies continue to navigate a complex economic environment .

Technoloty News : Enterprise SaaS companies continue to navigate a complex economic environment .

It’s been a tough time for enterprise SaaS companies. These organizations raked in profits and growth during the pandemic when offices shuttered and employees moved en masse to work from home. But as the economy turned last year and more workers returned to the office, their numbers slipped. At the same time, enterprise SaaS companies…

Technoloty News :  As companies shift from growth to efficiency, what does it mean for tech budgets? .

Technoloty News : As companies shift from growth to efficiency, what does it mean for tech budgets? .

It seems like, in very short order, we’ve moved away from a “growth over everything” mentality to one that focuses on operational efficiency, and this is true for startups and mature companies alike. In truth, though, the shift probably happened slowly over time as the economy got shakier (or at least a growing belief that…

Technoloty News :  Okta confirms another breach after hackers steal source code .

Technoloty News : Okta confirms another breach after hackers steal source code .

Okta has confirmed that it’s responding to another major security incident after a hacker accessed its source code following a breach of its GitHub repositories. The identity and authentication giant said in a statement on Wednesday that it was informed by GitHub about “suspicious access” to its code repositories earlier this month. Okta has since…

Technoloty News :  Okta CEO opens up about Auth0 acquisition, SaaS slump and Lapsus$ attack .
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Technoloty News : Okta CEO opens up about Auth0 acquisition, SaaS slump and Lapsus$ attack .

Okta launched a cloud identity product back in 2009 when most people were locked into Microsoft Active Directory, an on-prem incumbent so entrenched that nobody believed that anyone could touch it. It took a little audacity to go after a giant like that, but Okta took a cloud-first approach, a markedly different strategy from Active…

Technoloty News :  Twilio hacked by phishing campaign targeting internet companies .

Technoloty News : Twilio hacked by phishing campaign targeting internet companies .

Communications giant Twilio has confirmed hackers accessed customer data after successfully tricking employees into handing over their corporate login credentials.  The San Francisco-based company, which allows users to build voice and SMS capabilities — such as two-factor authentication (2FA) — into applications, said in a blog post published Monday that it became aware that someone…