However, failing to adequately protect their customers may ultimately lead to lawsuits and a decline in reputation. LAPSUS$ Digital Extortion Gang Claims Microsoft's Data Leak: Breach 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. Okta breach: Hundreds of clients could be affected, company concedes. The dangers of TikTok as a news source, MrBeast's billions, and mortgage rates top 7%, From Bond to 'Top Gear': Iconic Ford car comes to an end. Oktas breach illustrates that even the average individual may be harmed. How the Okta breach exposed organizations' cybersecurity - BetaNews Both Microsoft and Okta have admitted that their systems were indeed infiltrated by the Lapsus$ hacking group, but both companies also said that the cyberattack's impact was limited. Okta said 366 customers were potentially affected. Okta 'identifying and contacting' customers potentially affected by Lapsus$ breach. Investigation Finds Only Two Clients Affected in Okta Security Breach Okta: Impact of LAPSUS$ Breach 'Significantly Smaller' Than We Thought Cyber attacks are becoming scarier everyday. Okta Inc ( OKTA.O ), whose authentication services are used to grant access to networks by firms such as FedEx Corp ( FDX.N) and Moody's Corp ( MCO.N ), and more than 15,000 clients, announced on Tuesday that it had been hacked and . Please check back later. The threat actor behind the attacks on Twilio and Cloudflare earlier this month has been linked to a broader phishing campaign aimed at 136 organizations that resulted in a cumulative compromise of 9,931 accounts. 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 . Okta Says Hundreds of Customers May Have Been Exposed by January Breach All times are ET. 12:14 AM EDT, Wed March 23, 2022. Its crazy to think about how frequently these large companies are being breached. Man it seems like company after company gets caught up in these security breaches. Authentication firm Okta's shares slide after hack warning Although the breadth of the breach is unknown, it might have significant ramifications because Okta, located in San Francisco, manages access to hundreds of firms networks and apps. The group has previously claimed to have broken into some high-profile companies, including Microsoft. Microsoft on Tuesday confirmed that the LAPSUS$ extortion-focused hacking crew had gained "limited access" to its systems, as authentication services provider Okta revealed that nearly 2.5% of its customers have been potentially impacted in the wake of the breach. Its interesting to me how consistently vulnerable major companies are to these kinds of attacks, and how poorly they always seem to respond. 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. Bradbury shared that Lapsus$ gained access to their platform by taking over a machine belonging to an employee of Sitel, a company subcontracted by . The activity has been condemned 0ktapus by Group-IB because the initial goal of the attacks was to "obtain Okta identity credentials . September 30, 2022. Notably, Okta's customers include high-profile enterprises like FedEx Corporation and Moody's Corporation. The clients of the security company found out about the breach on social media. Do not reproduce without permission. Okta Tries to Downplay Potential Breach, But Only Causes More - PCMAG My takeaway overall is that while computers are obviously amazing, the frequency of breaches makes it almost seem inadvisable to keep much important on them. 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.. The Okta security team's log analysis has provided that Lapsus$ gained access to the account of a support engineer. 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. I wonder how hackers feel about doing things like this and possibly costing many people their jobs? 2022 BBC. Great post! Okta Says It Goofed in Handling the Lapsus$ Attack | Threatpost We are living in an opportunistic world, to say the least. Throughout the semester there have been countless numbers of blog posts about how a large company has been breached. 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. 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. 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. 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. Additionally, aside from a massive breach, it also had consequences for individuals who are innocent. Okta reveals full extent of LAPSUS$ breach as hackers announce hiatus Who Else Has Been Affected by LAPSUS$? Great post! I hope that other firms learn from Oktas mistake and hold themselves accountable, as this is not a very good look for Okta. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. . 23, the company's chief security officer David Bradbury confirmed the subprocessor is a company named Sykes, which was acquired by a contact center giant Sitel in 2021. CSA's Understanding Of The Okta Data Breach So Far Both Sykes and Sitel have wide access to the organizations that they support for facilitating customer requests. The company confirmed that it had been the target of a Lapsus$ hacking attack on March 22, and indicated that as many as 366 clients could have been affected in a . 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. Although the cybersecurity researchers believe that the teen is behind some of the major hacks, they have not been able to link him to every single hack that Lapsus$ has done. 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/. Okta: Impact of LAPSUS$ Breach 'Significantly Smaller' Than We - PCMAG Lapsus . 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. Why is Okta. Sign up for our free newsletter for the Latest coverage! Okta CEO McKinnon Pledges to Restore Trust After Lapsus$ Hack - Bloomberg Thank you all for your time and consideration. Its frustrating to see Okta try to sweep this incident underneath the rug, especially when they deserve every bit of criticism for it. In March 2022, Okta received a full security report from Sitel after an investigation, and LUPSUS$ posted the stolen information online only days later, confirming their involvement. Thanet, which uses Okta to simplify the way staff manage and sign on to multiple applications, told BBC News the hack "has not compromised the security of the council's data" but it "will continue to monitor the situation". Okta, Inc. hit by Lapsus$ group. Report: private medical data possibly All rights reserved. The security firm confirmed the hack after the suspected group behind it, Lapsus$, posted screenshots of Okta's apps and systems on Mar. The scope of the breach is still unclear, but it could have major consequences because thousands of companies rely on San Francisco-based Okta to manage access to their networks and applications . It is interesting that Okta tried to underplay the size of the hack and I believe there should be room to hold them accountable financially. Click Manage settings for more information and to manage your choices. On one hand, these stories make it evident to me that security is not such a simple thing; If companies that rely on the security of their product can be attacked, it speaks more to the fact that no security system will ever be perfect in the face of attackers. With the prevalence of hacking attacks. Image Credits: Derrick Ceyrac / AFP. Related Article: Google Apps For Work Intros App Recommendations After Hitting 2 Million Paid Customer Milestone. Should we feel like people in security deserve because they were clearly incompetent to properly protect? Okta says Lapsus$ breach affected only two customers You hear all the time about large 1st factor firms being hacked (i.e. I honestly did expect a little more from Okta, especially when they work in cybersecurity. Affected customers have been notified and the investigation continues. Hackers hit authentication firm Okta, customers 'may have - Reuters Unfortunately, most employees in a company are either not trained or are unaware of some of the potential weaknesses they can create for their companies in terms of cybersecurity. Something definitely needs to change because these big companies are being attacked way too much. We have identified those customers and are contacting them directly. 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 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. The security breach was initially blamed on a subprocessor that provides clients support services to Okta. Okta investigates a data breach that potentially can affect more than 15 000 customers. Okta, Microsoft Confirm Breaches Connected to Lapsus$ Hack The authentication company used by tons of companies in the world reports the possible customer data . The database included coded passwords, billing information and encrypted credit card information. Okta, an authentication services provider, announced that it has suffered a data breach. Okta says cyber incident had 'no impact' on FedRAMP customers The potential impact to Okta customers is limited to the access that support engineers have, Bradbury said. Lapsus$ is behind yet another major hack. There is no evidence that our system has been hacked or compromised, FedEx told Reuters. Why Was Okta Hacked? | Optimal IdM A major gaming network has been hacked, compromising millions of users' information. Okta 'Breaches' Weren't Really Breaches | eSecurity Planet All in all, I struggle to believe that companies are this consistently clueless, so there must be some greater method to their reactions. Okta claims its Lapsus$ data breach only affected two customers Lapsus$ takes the responsibility. The fact that a group this young is capable of performing attacks on such large scale organizations shows just how prevalent hacking has become! No Okta systems or networks were affected in any way. 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. 2022 TECHTIMES.com All rights reserved. The engineer in question was from a third party company, Sitel, which provides Okta with . All Rights Reserved. Businesses Brace for Impact After Hackers Claim Okta Has Been Hacked Its honestly pretty surprising because you would expect these big companies such as Okta to make sure their cybersecurity is strong in order to protect the so many people that put trust in them. Microsoft, Okta Confirm Data Breaches Involving Compromised Accounts The vulnerability was eventually discovered two months later, when LAPSUS$ uploaded images of the compromise on their Telegram channel on March 22. The three Russian cyber-attacks the West most fears, Anonymous: How hackers are trying to undermine Putin, Imran Khan survives deadly Pakistan rally shooting, UK faces record two-year recession, Bank warns, Aboriginal boy's killing puts spotlight on racism. Okta says Lapsus$ breach affected only two customers Microsoft and Okta Confirm Breach by LAPSUS$ Extortion Group This week, the news of yet another third party data breach put thousands of businesses on high alert.. Okta, an authentication company used by thousands of organizations around the world, confirmed that cybercriminals had access to one of its outsourced employees' laptops for five days in January 2022, and that around 366 companies (2.5% of its customer base) may have been affected. Big companies with many people, and thus many targets for attacking, are prime targets for attackers. Okta confirmed access to one of the engineer's laptops but declined the compromise of the service itself. Third-party data breaches are becoming increasingly common as technology makes it easier for . Okta 'identifying and contacting' customers potentially affected by In a post. On Tuesday 22nd, Hackread.com reported that LAPSUS$ hackers were claiming to have hacked Microsoft Azure DevOps accounts and Okta Inc., an authentication and access management services provider. But the service itself . Lapsus$ has baffled cybersecurity experts because it triggered a high-profile hack. I hope the company can learn from this and perform better in the future. In my opinion companies should be responsible for at least making sure their security system is able to prevent the common attack methods out there. Okta has over 15,000 customers, according to its website. A third-party data breach occurs when malicious actors compromise a vendor, supplier, contractor, or other organization in order to gain access to sensitive information or systems at the victim's customers, clients or business partners. A week later, on Mar. What to Learn From Okta's Cyber Hack? 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. All rights reserved. Okta concedes hundreds of clients could be affected by breach - CNN The breach was initially blamed on an unnamed subprocessor that provides customer support services to Okta. Lapsus$, Okta, Microsoft What happened? - Medium Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. The scope of the breach is still unclear, but it could have major consequences because thousands of companies rely on San Francisco-based Okta to manage access to their networks and applications. 4. Okta: Up To 366 Clients Had Data 'Acted Upon' in Lapsus$ Hack - CRN In 2017, Okta said that the U.S. Department of Justice was a customer. The company has more than 15,000 customers, meaning nearly 400 companies have been affected by the breach. This post, like many others, highlights the widespread nature of cybersecurity threats and cyberattacks. It says it has more than 15,000 clients . Good Post! US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. 21, just two months after the group first gained access to the company's network according to TechCrunch. Sophie Webster, Tech Times 23 March 2022, 10:03 pm. Even when Okta received the Mandiant report in March explicitly detailing the attack, they continued to ignore the obvious signs that their environment was breached until LAPSUS$ shined a spotlight on their inaction, Demirkapi wrote in a tweet thread. Their initial response consisted of ignoring signs that their environment was compromised, which led to even further damage (to the companys image especially). In an updated statement on Wednesday, Okta's chief security officer David Bradbury. The Okta Inc. website on a smartphone arranged in Dobbs Ferry, New York, U.S., on Sunday, Feb. 28, 2021. 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 private internal network. Nonetheless, I was surprised that Okta would not admit to the fault in their online infrastructure. Furthermore, the advent of technological advances in the early 2000s has both cultivated and fostered the rise of sophisticated cyber criminals, who have found creative and malicious ways to further their own agendas. The company initially notified individuals of the data breach, with an estimated 164 individuals affected. Okta investigates a data breach: 15k of potentially affected customers Market holidays and trading hours provided by Copp Clark Limited. "No customer code or data was involved in the observed activities," Microsoft's Threat Intelligence Center (MSTIC) said, adding . Fair value provided by IndexArb.com. Okta says hundreds of companies impacted by security breach - Yahoo! 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. Okta breach leads to questions on disclosure, reliance on third-party Privacy Policy | See Also: New OnDemand | A Better Way to Approach Data Backup and Recovery 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. Okta says 366 customers potentially affected in data breach One would expect that an entity with millions (at least) of dollars at their disposal would be able to invest in enough security measures to avoid this type of situation, or would at least be faster to acknowledge and resolve the issue before real harm occurred. Right after Okta confirmed the security breach, another report said a16-year old teen living at his mother's home in Oxford, England, is the mastermind behind the incident. Okta says 366 corporate customers, or about 2.5% of its customer base, were impacted by a security breach that allowed hackers to access the company's . By clicking Accept all you agree that Yahoo and our partners will process your personal information, and use technologies such as cookies, to display personalised ads and content, for ad and content measurement, audience insights, and product development. 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