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Okta CEO Says Lapsus$ Hack is 'Big Deal,' Aims to Restore Trust

  • Number of victims affected remains under investigation
  • Company is preparing report for customers amid scrutiny
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WATCH: Okta CEO Todd McKinnon discusses the Lapsus$ breach and how they are handling it.Source: Bloomberg
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Okta Inc. doesn’t yet know how many of its customers were affected by a January data breach that the company waited nearly two months to make public, Chief Executive Officer Todd McKinnon said Monday during an interview with Bloomberg Television.

Okta, which provides user authentication services, revealed last month that it had been hacked in January after a group taking responsibility for the intrusion, Lapsus$, posted screenshots that appeared to show access to Okta accounts. As the “trusted identity provider for over 15,000 companies,” McKinnon said, “anytime something like this happens, it’s a big deal.”