Okta's stock extends meltdown as recent breach could mean more pain ahead
Shares of Okta were extending their sizable selloff Monday as analysts weighed in on the potential impacts of a recently disclosed data breach.
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Shares of Okta were extending their sizable selloff Monday as analysts weighed in on the potential impacts of a recently disclosed data breach.
Shares of identity management software maker Okta (OKTA) fell 7.93% in the morning session after Chief Security Officer, David Bradbury, notified the public in a blog post on October 20, 2023, that the company recently identified a security incident in which an attacker gained access to its support case management system using a stolen credential. The attacker was able to "view files uploaded by certain Okta customers" which are part of recent support cases. He clarified that the Okta support ca
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