Okta Hack Update Shows Challenges in Rapid Cyber Disclosures

null By James Rundle, Catherine Stupp and Kim S. NashUpdated Nov. 29, 2023 6:04 pm ET|WSJ ProTodd McKinnon, co-founder and CEO of Okta, shares lessons learned from the security breach that his organization experienced in early 2022.Okta is delaying product updates and internal projects by 90 days as it works to shore up its security architecture.“The stakes are high and we will do whatever it takes to protect our current and future customers,” Chief Executive Todd McKinnon said in an earnings call Wednesday evening. “Bolstering our security environment is by far the highest priority for Okta. No other project or product-development area is more important,” he said.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Okta Hack Update Shows Challenges in Rapid Cyber Disclosures

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By James Rundle, Catherine Stupp and Kim S. Nash

Updated Nov. 29, 2023 6:04 pm ET|WSJ Pro

Todd McKinnon, co-founder and CEO of Okta, shares lessons learned from the security breach that his organization experienced in early 2022.

Okta is delaying product updates and internal projects by 90 days as it works to shore up its security architecture.

“The stakes are high and we will do whatever it takes to protect our current and future customers,” Chief Executive Todd McKinnon said in an earnings call Wednesday evening. “Bolstering our security environment is by far the highest priority for Okta. No other project or product-development area is more important,” he said.