Okta breach: Hundreds of clients could be affected, company concedes. As Reuters reports, hackers from the . After . Okta files a $100 million IPO with a promise of a tight security system. Companies like these have a duty towards their customers to protect their information and it is unfortunate to see that even though they failed, Okta still tried to downplay and brush away the topic when in reality they should have taken accountability and apologized to those they had been hired to protect. With the frequency of technology increased its also crazy to think about the attacks have also. Canada and US begin CLOUD Act negotiations, https://www.bbc.com/news/technology-60849687, https://techcrunch.com/2022/03/28/lapsus-passwords-okta-breach/, https://thehackernews.com/2022/03/new-report-on-okta-hack-reveals-entire.html, https://www.wired.com/story/lapsus-okta-hack-sitel-leak/, https://www.reuters.com/technology/authentication-services-firm-okta-says-it-is-investigating-report-breach-2022-03-22/. Perhaps its because Facebook Hacked drives more news than some company thats huge but nobody knows their name has been hacked. In light of the evidence that we have gathered in the last week, it is clear that we would have made a different decision if we had been in possession of all of the facts that we have today, Oktasaid, adding it should have more actively and forcefully compelled information from Sitel.. I wonder how hackers feel about doing things like this and possibly costing many people their jobs? "The full extent of the cyber-gang's resources should reveal itself in the coming days," he added. In an updated statement on Wednesday, Okta's chief security officer David Bradbury. Bradbury shared that Lapsus$ gained access to their platform by taking over a machine belonging to an employee of Sitel, a company subcontracted by . If it suffered a breach, it could have widespread ramifications, security experts warn. Copyright 2019. on Companies are affected after the Okta breach. Okta service itself was not breached, it said . 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The criminal gang then said on March 22, the same day it posted the screenshots, that it had gotten a copy of the full investigative report. As prices soar, consumers turn to McDonald's, New York Post says 'vile and reprehensible' tweets result of rogue employee, 'I did a bad job': Jim Cramer appears emotional as Meta stock plummets. Companies will have to respond in some way to this, though how they do will be interesting to watch. According to Bradbury, Sitel hired a forensics firm to investigate the incident, which concluded on Mar. Who Else Has Been Affected by LAPSUS$? The security firm confirmed the hack after the suspected group behind it, Lapsus$, posted screenshots of Okta's apps and systems on Mar. Should we feel like people in security deserve because they were clearly incompetent to properly protect? Yet another cyberattack by the infamous group Lapsus$, they have swept the cyber security world off its feet with the sheer number of attacks they have done. Extortion group Lapsus$ claimed this weekend on its Telegram channel that it had access to Okta's systems, and the company said on Monday night . Great post! Privacy Policy | To top it off, many companies who dont use private contracting for cybersecurity become complacent and their security departments are limited in what they can do or cannot keep up with the ever-evolving practice standards. It says it has more than 15,000 clients . Lapsus$ takes the responsibility. In order to prevent large companies from being irresponsible with their customers privacy, I think the government should fine these companies and require them to form partnerships with reliable Internet security companies in the industry. Okta says the LAPSUS$ hacking group that's released data stolen from Microsoft, Samsung, and other companies only had access to its network for 25 minutes during a January data breach. Hackers have previously targeted customer support companies, which usually have weaker cybersecurity defenses than some of the companies with highly-secured systems. The company initially notified individuals of the data breach, with an estimated 164 individuals affected. Bridge that became a death trap for Indian children, Why Ethiopia peace deal is triumph for prime minister. Man it seems like company after company gets caught up in these security breaches. The security breach was initially blamed on a subprocessor that provides clients support services to Okta. Okta Under Fire Over Handling of Security Incident The identity-protection company acknowledged the breach two months after spotting suspicious activity Okta CEO Todd McKinnon, pictured. It seems to me that too many companies focus on short-term financial gain over long term prospects: the amount of money they lose to ransomware gangs might only constitute a small fraction of total annual revenue. None of Okta's clients has reported any issues - but Mr Ahmed urged "extreme vigilance and cyber-safety practices". The latest update is that Okta and Microsoft have confirmed data breaches. This attack only impacted 5 security cameras and did not impact any other systems at Okta. The recent security breach of a third-party supplier to Okta Inc. has been widely reported.The criticisms of Okta's response have been harsh and the impact on Okta's value has been obvious . Lapsus$ has baffled cybersecurity experts because it triggered a high-profile hack. Now let us get to the topic, they were hacked and this breach was carried out by the cyber-gang Lapsus$. This will minimize the damage. I think mistakes are normal and these companies should disclose this information. All rights reserved. However, failing to adequately protect their customers may ultimately lead to lawsuits and a decline in reputation. We need to stay alert, especially given that the world will only advance further in the years to come. June 29, 2021. Investigation Finds Only Two Clients Affected in Okta Security Breach. In Okta's case, the Lapsus$ hackers were lurking in Sitel's network for five days, from Jan. 16 to Jan. 21, until the group was detected and removed from its network, according to 9to5Mac. Okta's website on March 23, 2022. This post highlights that cyber criminals are not constrained by limitations pertaining to the size and power of their targets. "There are no corrective actions that need to be taken by our customers," Mr Bradbury added. There is no impact to Auth0 customers, and there is [] The potential impact to Okta customers is limited to the access that support engineers have, Bradbury said. The activity has been condemned 0ktapus by Group-IB because the initial goal of the attacks was to "obtain Okta identity credentials . Okta has over 15,000 customers, according to its website. But the service itself . Attention should be paid to potential vulnerabilities when they are found, and their authenticity should be ensured in a timely manner and solutions should be formulated. Apple is weathering the economic downturn better than fellow tech giants, A guaranteed way to beat inflation temporarily crashed a Treasury website, Ford's beloved little Fiesta is going away, at least for now, Published Thanet, which uses Okta to make it easier for employees to manage and sign in to different apps, told BBC News that the attack has not affected the councils datas security, but that it will continue to monitor the issue., The National Cyber Security Centre in the United Kingdom claimed it has not observed any indication of effect in the United Kingdom.. However, many have raised concerns about why the incident was not disclosed sooner. CNN Business . VideoUS midterms: Will Gen Z vote? Okta released an updated statement on Tuesday night, announcing that 2.5% of the identity and access management firm's customers were impacted by a recent breach caused by extortion group Lapsus$. Good Post! (Scoop News Group) Okta, the identity authentication company whose customers were targeted by a prolific cybercrime group in a late-January breach, said Wednesday that 366 customers' accounts were potentially accessed as part of the incident. Do not reproduce without permission. Why are Albanian migrants coming to the UK? Okta says the LAPSUS$ hacking group that's released data stolen from Microsoft, Samsung, and other companies only had access to its network for 25 minutes during a January data breach. CNN Sans & 2016 Cable News Network. Did you encounter any technical issues? With two high-profile breaches this year, Okta, a leader in identity and access management (IAM), made the kind of headlines that security vendors would rather avoid. Lapsus . Interesting read! The Okta security team's log analysis has provided that Lapsus$ gained access to the account of a support engineer. An interesting read! Twilio only sometimes requires customers to provide identifying information, so it wasn't as widely affected as the other data. US midterms: Will Gen Z vote? Cybersecurity researchers used forensic evidence from the hack and publicly available information to connect the teen to the group. Okta, an identity authentication service with more than 15,000 customers, said Tuesday that an attacker had access to a support engineer's laptop for five days in January. In the past, customers disclosed by Okta have included JetBlue, Nordstrom, Siemens, Slack and T-Mobile. But the engineer's computer had not provided "god-like access", the hackers had been constrained in what they could do, Okta itself had not been breached and remained fully operational. The gang has claimed to have broken into several high-profile firms, including Microsoft, in the past. In an updated statement on Mar. Aside from the teen from England, another member of Lapsus$ is suspected to be a teenager from Brazil. Chief security officer David Bradbury revealed the hackers had accessed the computer of a customer-support engineer working for the sub-processor, over a five-day period in mid-January. Okta faced backlash from the wider security industry for the way that it handled the compromise and the long delay in notifying its clients about the situation. Most people in a company do not understand issues regarding cybersecurity, thus security issues are not just put off, but not acknowledged in the first place. Following a breach of its systems in January, Okta has released a forensic report finding that the threat group Lapsus$ accessed just two active customers via a third-party company. The company has more than 15,000 customers, meaning nearly 400 companies have been affected by the breach. On Tuesday, Okta published an updated statement concerning the potential breach of its systems, which many observers fear exposed access to 15,000 corporate customers, including major companies . The scope of the breach is still unclear, but it could have major consequences because thousands of companies rely on San Francisco-based Okta to manage access to their networks and applications . The motives behind the hack are not yet clear, but some researchers say they believe the group is motivated by money. "We are actively continuing our investigation, including identifying and contacting those customers that may have been impacted. 2. [W]e have concluded that a small percentage of customers approximately 2.5% have potentially been impacted and whose data may have been viewed or acted upon, Okta chief security officer David Bradbury said in a statement. The Okta Inc. website on a smartphone arranged in Dobbs Ferry, New York, U.S., on Sunday, Feb. 28, 2021. Find out more about how we use your information in our privacy policy and cookie policy. I would assume that there is no shame in admitting that they got hacked since it is starting to become a common occurrence all around the world. The malicious activities, which granted the threat actor access to nearly 366 Okta customers, took place over a five-day period between January 16 and 21, during which the hackers carried out various phases of the attack, including privilege escalation after gaining an initial foothold, persistence, lateral movement, and internal network reconnaissance. All rights reserved. In a post. FedEx told the Reuters news agency it had "no indication that our environment has been accessed or compromised". Additionally, aside from a massive breach, it also had consequences for individuals who are innocent. Factset: FactSet Research Systems Inc. All rights reserved. Hacking methods are so common now, and the failure of admitting to their users that they have been attacked is very bad becuase then the users will not be able to trust the company any more because they were not able to protect their information. Cloudflare, one of Oktas clients, stated in a blog post that it did not believe it had been hacked. Okta said the "worst case" was 366 of its clients had been affected and their "data may have been viewed or acted upon" - its shares fell 9% on the news. By Raphael Satter WASHINGTON (Reuters) -Okta Inc, whose authentication services are used by companies including Fedex Corp and Moody's Corp to provide access to their networks, said on Tuesday. You can change your choices at any time by visiting your privacy controls. One of Okta's clients, Cloudflare, said, in a blog post, it did not believe it had been compromised. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Usually these big hacks talk about how the company is suffering, but that there is no issue to the customers, but the hack on Okta shows that even a regular person can be affected. According to Ekram Ahmed of cyber-security firm Checkpoint, the ransomware gang is a South American threat actor that has lately been linked to cyber-attacks on certain high-profile targets. Oktas breach illustrates that even the average individual may be harmed. LAPSUS$ group claimed that they had access to Okta's internal tools, such as Slack, Jira, Splunk, AWS since January 2022. Its a little strange that they werent more responsible in letting their clients know about the breach especially considering how liable they are for their security. Bradbury admitted that he was disappointed by the long period of time that transpired between the Okta's notification to Sitel and the issuance of the complete investigation report. About Okta, Inc. Data Breach Its interesting to me how consistently vulnerable major companies are to these kinds of attacks, and how poorly they always seem to respond. Cybersecurity researchers refused to name the teen who goes by the nickname "White," as he is a minor and has not been charged yet. Screenshot published by Lapsus$ showing Okta customers allegedly affected by its breach (Source: Bill Demirkapi) Identity management company Okta and Microsoft have confirmed breaches by the Lapsus$ group, which has been on a high-profile hacking spree. It always seems like the bad guys are a step or two ahead. The Lapsus$ group claims to be based in Brazil and it . Following a breach of its systems in January, Okta has released a forensic report finding that the threat group Lapsus$ accessed just two active customers via a third-party company. A January cybersecurity incident at popular identity authentication provider Okta may have affected hundreds of the firms clients, Okta acknowledged late Tuesday amid an ongoing investigation of the breach. Interesting topic! In 2017, Okta files a $100 million IPO with a promise of a tight security system. Lapsus$ said, in online posts, it had not stolen "any databases from Okta" and was focused only on its customers. A major gaming network has been hacked, compromising millions of users' information. A potential data breach detected in early January by Okta has had "no impact" on customers who use its FedRAMP-approved services, according to the identity authentication technology company. Lapsus$. Throughout the semester there have been countless numbers of blog posts about how a large company has been breached. It is interesting that Okta tried to underplay the size of the hack and I believe there should be room to hold them accountable financially. The criminal gang then received a copy of the full investigative report on March 22, the same day it posted the screenshots. The data breach. Usually we would expect the tightest security from an authentication company as many clients rely on them for security and its devastating for their image that they got hacked, which shows in their 9% decrease in stocks. Its been nearly 24 hours since Okta publicly acknowledged the apparent hack after a mysterious hacking group known as Lapsus$ published screenshots claiming access to an Okta internal administrative account and the firms Slack channel. I think out of almost 150 posts I have read a 100 about cyber attacks. The views, information, or opinions expressed on this site are solely those of the individual(s) involved and do not necessarily represent the position of the University of Calgary as an institution. Something isn't loading properly. In a blog post, Microsoft said Lapsus$ had gained only limited access, after compromising a single account, but no customer code or data was involved. Its crazy to think about how frequently these large companies are being breached. He admitted that Okta should have moved faster in understanding the report's implications. Okta said 366 customers were potentially affected. Businesses like Peloton, T-Mobile, and FCC are on high alert due to the breach that possibly caused by Lapsus$ group. Considering Okta specializes in authentication, who knows how bad this breach has been. We are living in an opportunistic world, to say the least. We all grew up watching it evolve before our eyes from the very first iPhone to the advanced computers we now have in our back pockets. News of hacker attacks is common, and no enterprise or organization should be overconfident in its security measures. Okta admitted that 366 companies, or 2.5% of its client base, were affected by the security breach that allowed hackers to access the company's . Most stock quote data provided by BATS. Even though there is a lot of awareness about cyber crimes out there companies do not tend to make an effort to increase their security system. A Massive Hacking Campaign Stole 10,000 Login Credentials From 130 Different Organizations A phishing campaign targeted Okta users at multiple companies, successfully swiping passwords from . Okta Inc (OKTA.O), whose authentication services are used to grant access to networks by firms such as FedEx Corp (FDX.N) and Moodys Corp (MCO.N), and more than 15,000 clients, announced on Tuesday that it had been hacked and that some clients may have been affected. (Okta / Scoop News Group) Written by Suzanne Smalley Mar 24, 2022 | CYBERSCOOP Criticism of the identity authentication company Okta intensified Thursday in the wake of the company's announcement that 366 customer accounts were potentially compromised in a security breach via an attack on a third-party contractor's laptop.
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