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Chaos means cash for criminals and cybersecurity companies

Chaos means cash for criminals and cybersecurity companies SHARE The pandemic not only accelerated a shift to digital, it highlighted a rush of cybercriminal sophistication, collaboration and chaotic responses from virtually every major company on the planet. The SolarWinds hack exposed digital supply chain weaknesses and appears to have accelerated so-called island-hopping techniques that are exceedingly difficult to detect. Moreover, the will and aggressiveness of well-organized cybercriminals has risen to the point where incident responses are met with counterattacks designed both to punish and to extract money from victims via ransomware and other criminal activities involving a double-extortion maneuver. One upshot is the cybersecurity market remains one of the most enduring and attractive investment sectors for those who can figure out where the market is headed and which firms are best positioned to capitalize.

United statesTodd mckinnonDiya jollyJeetu patelTom kellermanBarun shresthaThoma bravoFortinet incPalo alto networks incGoldman sachsCisco systems incZscaler incCrowdstrike holdings incSailpoint technologies incCloudflare incSiliconangle media inc

Auth0 CEO Eugenio Pace on the $6 5 billion deal with Okta and his advice for entrepreneurs

Auth0 CEO Eugenio Pace on the $6.5 billion deal with Okta and his advice for entrepreneurs May 7, 2021 at 7:11 am Auth0 co-founders Matias Woloski (left) and Eugenio Pace. (Auth0 Photo) Okta’s giant $6.5 billion acquisition of Seattle-area startup Auth0 officially closed on Monday. But for Eugenio Pace, the major milestone is just another marker albeit a lucrative one in the Auth0 journey. “The word ‘exit’ is often used when somebody sells a company,” the Auth0 CEO and co-founder said this week. “That’s not how I see it. There’s still a lot to do. Our mission and purpose, the reason why we set up Auth0 to begin with it’s not done yet.”

Matias woloskiTodd mckinnonDan delongEugenio paceGeekwire awardsArgentinian matias woloskiGeekwire photoSalesforce venturesடாட் மகிநொந்டான் நீடித்ததுயுஜீநீயோ பேஸ்விற்பனையாளர் முயற்சிகள்

Okta anunció la finalización exitosa de su adquisición de Auth0

Okta anunció la finalización exitosa de su adquisición de Auth0
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iTWire - Okta buys Auth0 at US$6 5 billion

iTWire Tuesday, 04 May 2021 12:46 Okta buys Auth0 at US$6.5 billion Shares Okta has successfully sealed the deal with Auth0, acquiring the identity platform at US$6.5 billion, after eight years of business courtship. The acquisition, says Okta, will drive its growth in the US$80 billion identity market. Okta has successfully acquired Auth0, an identity platform for application teams, in an all-stock transaction worth US$6.5 billion, the company announced. Both tech companies address “a broad set of digital identity use cases, providing secure access and enabling everyone to safely use any technology.” The acquisition, which spanned eight years, Okta says, will accelerate its growth in the US$80 billion identity market.

Todd mckinnonKen leungJay bretzmannExecutive officerCo founder eugenio paceChief executive officerOkta identity cloudProgram directorCybersecurity productsடாட் மகிநொந்கேன் லேஉங்நிர்வாகி அதிகாரிதலைமை நிர்வாகி அதிகாரிப்ரோக்ர்யாம் இயக்குனர்இணைய பாதுகாப்பு ப்ராடக்ட்ஸ்

Okta completes acquisition of Auth0

May 03, 2021 Identity leaders combine developer and enterprise expertise, offering customers more flexibility Okta, Inc. (NASDAQ:OKTA), the leading independent identity provider, today announced the successful completion of its acquisition of Auth0, a leading identity platform for application teams. Together, Okta and Auth0 address a broad set of digital identity use cases, providing secure access and enabling everyone to safely use any technology. The stock transaction, valued at approximately $6.5 billion, will accelerate Okta s growth in the $80 billion identity market. Auth0 will operate as an independent business unit within Okta, led by Auth0 Chief Executive Officer and Co-Founder Eugenio Pace, reporting directly to Todd McKinnon, Chief Executive Officer and Co-Founder of Okta. Both Okta s and Auth0 s platforms will be supported, invested in, and integrated over time accelerating innovation and making the Okta Identity Cloud even more compelling for the full

United statesTodd mckinnonKen leungJay bretzmannLatham watkinsPerkins coieExchange commissionOkta incMorgan stanley coExecutive officerCo founder eugenio paceChief executive officerBoth oktaOkta identity cloudProgram directorCybersecurity products