Okta CEO on MGM breach: Companies are under ‘massive attack from cybercriminals'

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Todd McKinnon, CEO of identity and access management company Okta, stressed the industry-wide severity of cyberattacks days after one its clients saw a breach.

McKinnon explained he would not comment publicly on the ongoing issue, but said the company is working with MGM. He also affirmed that Okta's system and products are secure and have not been breached.

"Okta customer or not," he said,"they're all under massive attack from cyber criminals. The amount that cyber criminals can gain from attacking companies and organizations and governments is super high. So, everyone is under attack."Sign up for NBC LA newsletters. McKinnon said the security industry as a whole can best fight cyber criminals by working together. He added that every organization has sensitive data, and while digitization and automation have been great for business and growth, they have created risk.

"The bad guys are coming at every weakness, and we're only as strong as an industry as our weakest link. so one of the things that we pride ourselves at Okta is working very closely, collaborating with everyone in the ecosystem," he said.at no cost to help you build long-term wealth and invest smarter.

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