Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Okta Joins the OpenID Foundation Board to Further Advance Open Identity Standards


Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity, today announced it has joined the OpenID Foundation as a sustaining member. The new board position for Okta follows significant technology contributions from Okta and Auth0 and a proven track record in independent and innovative identity development.

“The OpenID Foundation is a well-respected non-profit standards body supporting modern identity ecosystems,” said Gail Hodges, Executive Director, OpenID Foundation. “Okta and Auth0 are long-standing contributors and thought leaders in all aspects of the identity industry and domain. We are thrilled for Okta and Auth0 to take on an elevated role on the OpenID Foundation Board, especially during this time of rapid change in the identity landscape.”

“We are pleased to join the Board for the OpenID Foundation,” said Karl McGuinness, Chief Product Architect, Okta. “Every day our customers, partners, and industry colleagues use OIDC and we’re honored to deepen our commitment with the organization. Their work to advance viable open banking identity worldwide is outstanding.”

“OpenID Connect is one of the most adopted identity standards, providing essential functionality to core solutions across the industry,” said Vittorio Bertocci, Principal Architect, Auth0. “Okta and Auth0 have participated in its development and adoption for many years. We look forward to taking our partnership beyond the technical level and begin contributing to the OpenID Foundation’s strategic direction.”

For more information on the OpenID Foundation, visit: https://www.okta.com/openid-connect/

About Auth0

The Auth0 Identity Platform, a product unit within Okta, takes a modern approach to identity and enables organizations to provide secure access to any application, for any user. Auth0 is a highly customizable platform that is as simple as development teams want, and as flexible as they need. Safeguarding billions of login transactions each month, Auth0 delivers convenience, privacy, and security so customers can focus on innovation. For more information, visit https://auth0.com.

About Okta

Okta is the leading independent identity provider. The Okta Identity Cloud enables organizations to securely connect the right people to the right technologies at the right time. With more than 7,000 pre-built integrations to applications and infrastructure providers, Okta provides simple and secure access to people and organizations everywhere, giving them the confidence to reach their full potential. More than 14,000 organizations, including JetBlue, Nordstrom, Siemens, Slack, Takeda, Teach for America, and Twilio, trust Okta to help protect the identities of their workforces and customers.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211210005110/en/

Okta Inc. Stock

€79.48
-5.820%
Okta Inc. took a tumble today and lost -€4.930 (-5.820%).
The stock is an absolute favorite of our community with 37 Buy predictions and no Sell predictions.
As a result the target price of 100 € shows a positive potential of 25.82% compared to the current price of 79.48 € for Okta Inc..
Like: 0
Share
Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Investor relations, public relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia.

Legal notice

Comments