"I wish I had responded sooner, but we're doing the best we can today to adjust to this reality," Chief Executive Todd McKinnon said in a letter to employees. "
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"In an exclusive interview with MarketWatch ahead of the company's conference call, Okta Chief Executive and co-founder Todd McKinnon said the company is not providing any forecasts past 2024 because of uncertainty in the macro environment."
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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."
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"Slavin cited the fact that Okta CEO Todd McKinnon responded to the Lapsus$ screenshots on Twitter in the middle of the night (1:23 a.m. "
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"In a Twitter post responding to the Lapsus$ allegation, Okta Chief Executive Officer Todd McKinnon said the matter dated back to a January security incident."
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"In two tweets published Tuesday, Okta cofounder and CEO Todd McKinnon said that the company believes the "screenshots shared online" are connected to an attempted compromise of "a third-party customer support engineer working for one of our subprocessors" in January."
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"The matter was investigated and contained by the subprocessor," Chief Executive Officer Todd McKinnon wrote in a Twitter post. "
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"In the news release, Okta cofounder and CEO Todd McKinnon said that a key goal of his company, a leader in identity and access management, is to "relieve customers from the complexity and overhead of legacy solutions" while provide a secure and scalable access experience."
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"Okta Inc. Chief Executive Officer Todd McKinnon said a wave of executive departures at the software company is part of a difficult "awkward adolescent" stage as it builds on the customer and revenue gains made over the first five years as a public company."
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""We're still being prudent about the rest of the year and the macroeconomic consequences ahead of us," Chief Executive Officer Todd McKinnon said in an interview. "
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"Okta Inc. shares slipped after Chief Executive Officer Todd McKinnon said the company is being cautious in the midst of an economic downturn and lingering global pandemic."
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