Okta shares fall just after firm suggests shopper data files have been accessed by hackers by using its support system

Okta shares fall just after firm suggests shopper data files have been accessed by hackers by using its support system


The Okta brand on a smartphone.

Tiffany Hagler-Geard | Bloomberg | Getty Photographs

Shares of cybersecurity agency Okta fell almost 11% just after the corporation claimed that an unidentified hacking group had accessed documents which “specified Okta shoppers” had uploaded to Okta’s support technique.

The business stated that the hackers were ready to entry the method via a stolen credential. Okta’s client offerings, which includes its output company, have been not impacted and are thoroughly operational, the firm claimed.

Some of the major businesses in the earth use Okta to streamline their login and identification administration units, such as Fedex and Zoom, according to the company.

That makes Okta a substantial-worth target for threat actors, who in a worst-case-circumstance could hypothetically acquire accessibility to dozens of other businesses if prosperous in breaching Okta’s defenses. The breach disclosed Friday does not affect consumer devices, just a assist platform Okta uses to support its clients diagnose concerns.

Okta did not right away respond to a ask for for remark.



Resource

Amazon lays off about 100 employees in devices and services unit
Technology

Amazon lays off about 100 employees in devices and services unit

An Amazon device is displayed at an Amazon Devices launch event in New York City, U.S., Feb. 26, 2025. Brendan McDermid | Reuters Amazon is laying off roughly 100 employees in its devices and services division, the company confirmed on Wednesday. The devices and services unit includes a wide range of businesses, such as the […]

Read More
YouTube announces Gemini AI feature to target ads when viewers are most engaged
Technology

YouTube announces Gemini AI feature to target ads when viewers are most engaged

People walk by a YouTube logo as Google celebrates the 20th anniversary of the first video uploaded to YouTube, at the company’s corporate headquarters in San Bruno, California, on April 23, 2025. Josh Edelson | AFP | Getty Images YouTube on Wednesday announced a new tool that will allow advertisers to use Google’s Gemini AI […]

Read More
Cisco says CFO Scott Herren is leaving, company reports earnings beat
Technology

Cisco says CFO Scott Herren is leaving, company reports earnings beat

Cisco Chairman and CEO Chuck Robbins speaks at a keynote address at the Cisco Live! conference in Las Vegas on June 7, 2023. Ethan Miller | Getty Images Entertainment | Getty Images Cisco reported earnings and revenue that topped analysts’ estimates on Wednesday and issued guidance that also exceeded Wall Street’s prediction. Here’s how the […]

Read More