OKTA

Canada’s Identity Theft Worries Mount with AI Progression, Okta Survey Finds

Retrieved on: 
Tuesday, March 26, 2024

“With AI, cybercriminals create convincing deepfakes, clone voices, and automate personalized texts - so distinguishing between genuine and synthetic content is increasingly challenging.

Key Points: 
  • “With AI, cybercriminals create convincing deepfakes, clone voices, and automate personalized texts - so distinguishing between genuine and synthetic content is increasingly challenging.
  • Despite growing concerns over identity theft, less than a quarter of Canadians are educating themselves about are educating themselves about AI-driven threats to their personal information (around 25 per cent).
  • This starkly contrasts the roughly 5 per cent who are most concerned about AI threats on their work credentials and email.
  • “Canadians require access to robust identity tools, comprehensive education on recognizing and responding to cyber threats, and proactive measures to safeguard their personal information,” emphasized Kagan.

Okta Ventures Unveils "The Identity 25" to Honor Pioneers Shaping the Future of Digital Identity

Retrieved on: 
Tuesday, March 19, 2024

Okta Ventures, the venture investment arm of Okta, Inc. (NASDAQ:OKTA), the leading independent identity partner, proudly introduces "The Identity 25," an initiative that shines a spotlight on the trailblazers in the burgeoning field of digital identity.

Key Points: 
  • Okta Ventures, the venture investment arm of Okta, Inc. (NASDAQ:OKTA), the leading independent identity partner, proudly introduces "The Identity 25," an initiative that shines a spotlight on the trailblazers in the burgeoning field of digital identity.
  • This year's Identity 25 list is a diverse compilation of academics, activists, public servants, entrepreneurs, standard-setters, and technology pioneers.
  • Vittorio Bertocci, Principal Architect of AuthO and board director, OpenID
    "The Identity 25 is an initiative designed to recognize the leading lights in the growing Identity space.
  • To explore "The Identity 25" report and learn more about the incredible individuals shaping the future of digital identity, visit here .

Leveraging Artificial Intelligence for Vision Applications and Technologies Market Expected to Reach $45 Billion By 2028

Retrieved on: 
Friday, March 1, 2024

A report from MarketsAndMarkets projected that the global AI in Computer Vision Market Size which was valued at USD 17.2 Billion in 2023 is projected to reach USD 45.7 Billion by 2028; it is expected to grow at a CAGR of 21.5% through 2028.

Key Points: 
  • A report from MarketsAndMarkets projected that the global AI in Computer Vision Market Size which was valued at USD 17.2 Billion in 2023 is projected to reach USD 45.7 Billion by 2028; it is expected to grow at a CAGR of 21.5% through 2028.
  • The report said: “Increasing demand for automation and efficiency is one of the key drivers for the AI in the computer vision market growth.
  • MarketsAndMarkets continued: “AI in computer vision for the software segment is predicted to attain the highest market share during the forecast period.
  • AI in computer vision for the software segment is predicted to attain the highest market share during the forecast period.

Okta Announces Availability of Fine Grained Authorization for Enhanced Security and Efficiency

Retrieved on: 
Tuesday, March 5, 2024

Okta, Inc. (NASDAQ:OKTA), the leading independent identity partner, today announced general availability of Fine Grained Authorization (FGA) to address authorization complexities for developers.

Key Points: 
  • Okta, Inc. (NASDAQ:OKTA), the leading independent identity partner, today announced general availability of Fine Grained Authorization (FGA) to address authorization complexities for developers.
  • By enabling developers to define authorization in a way that best fits their business and use cases, FGA helps increase security and efficiency and gives developers greater visibility and control than traditional authorization methods.
  • “Evolving security and compliance requirements mean managing authorization ad-hoc is no longer a viable option,” said Shiven Ramji, President Customer Identity Cloud at Okta.
  • Learn more about FGA scalability in our blog “Getting Unlimited Scalability with Okta Fine Grained Authorization” (2023).

Okta to Present at Upcoming Investor Conferences

Retrieved on: 
Thursday, February 29, 2024

Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced that members of its management team are scheduled to participate in upcoming investor conferences.

Key Points: 
  • Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced that members of its management team are scheduled to participate in upcoming investor conferences.
  • Details for each event are as follows:
    The presentations will be webcast live on the investor relations section of Okta’s website at investor.okta.com .
  • Replays of the presentation will be available on the website following the completion of each event.

Okta Strengthens Go to Market Leadership with Executive Appointments

Retrieved on: 
Wednesday, February 28, 2024

Okta, Inc. (NASDAQ:OKTA), the leading independent identity partner, today announced three new executive appointments on its go to market team as customers embrace the increasing importance of Identity.

Key Points: 
  • Okta, Inc. (NASDAQ:OKTA), the leading independent identity partner, today announced three new executive appointments on its go to market team as customers embrace the increasing importance of Identity.
  • These appointments highlight Okta’s commitment to investing in its go to market leadership and unlocking new growth through stronger engagement with new and existing customers.
  • They follow the recent appointments of Jon Addison as Chief Revenue Officer and Kerry Ok as Chief Marketing Officer.
  • Eric has held leadership roles at Okta for 7 years and has served as Chief Customer Officer since 2020.

Okta Announces Fourth Quarter And Fiscal Year 2024 Financial Results

Retrieved on: 
Wednesday, February 28, 2024

Okta, Inc. (Nasdaq: OKTA), the leading independent identity partner, today announced financial results for its fourth quarter and fiscal year ended January 31, 2024.

Key Points: 
  • Okta, Inc. (Nasdaq: OKTA), the leading independent identity partner, today announced financial results for its fourth quarter and fiscal year ended January 31, 2024.
  • GAAP Net Loss: GAAP net loss was $44 million, compared to a GAAP net loss of $153 million in the fourth quarter of fiscal 2023.
  • GAAP net loss per share was $0.26, compared to a GAAP net loss per share of $0.95 in the fourth quarter of fiscal 2023.
  • Non-GAAP Net Income: Non-GAAP net income was $113 million, compared to non-GAAP net income of $52 million in the fourth quarter of fiscal 2023.

Okta to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on February 28, 2024

Retrieved on: 
Thursday, February 1, 2024

Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced that it will release its financial results for its fourth quarter and fiscal year 2024 ended January 31, 2024 after the U.S. market close on Wednesday, February 28, 2024.

Key Points: 
  • Okta, Inc. (NASDAQ: OKTA), the leading independent identity partner, today announced that it will release its financial results for its fourth quarter and fiscal year 2024 ended January 31, 2024 after the U.S. market close on Wednesday, February 28, 2024.
  • Okta will host a live video webcast that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results.
  • A webcast replay will be accessible from the Okta investor relations website at investor.okta.com .
  • The press release will be accessible from the Okta investor relations website prior to the commencement of the event.

OKTA ALERT: Bragar Eagel & Squire, P.C. is Investigating Okta, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Monday, January 29, 2024

Our investigation concerns whether the board of directors of Okta have breached their fiduciary duties to the company.

Key Points: 
  • Our investigation concerns whether the board of directors of Okta have breached their fiduciary duties to the company.
  • Financial analysts questioned whether Okta was paying too much for the company and were concerned about the integration process.
  • However, in reality, a large number of Auth0 and Okta employees resigned due to mismanagement and a failed integration plan.
  • The upheaval affected sales of Okta and Auth0 products due to a fundamental lack of training and proper management.

Multi-Factor Authentication Market - Global Forecast to 2028 with Microsoft, Thales, Okta, Broadcom, OneSpan, Micro Focus, HID Global, Cisco, Ping Identity, and RSA Security Dominating

Retrieved on: 
Tuesday, January 2, 2024

The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

Key Points: 
  • The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
  • North America leads the global MFA market in terms of the presence of the world's most significant number of MFA vendors.
  • Major vendors in the global MFA market include Microsoft (US), Thales (France), Okta (US), Broadcom (US), OneSpan (US), Micro Focus (UK), HID Global (US), Cisco (US), Ping Identity (US), RSA Security (US).
  • The four-factor authentication is expected to be one of the most promising technologies because of its sophisticated authentication and unbreakable security design.