Okta CEO Warns of Massive Attacks From Cybercriminals Targeting Companies

Okta CEO Todd McKinnon says all companies face "massive attack from cybercriminals" due to high potential payouts.

McKinnon would not comment on the recent MGM Resorts cyber attack but said Okta is working with them.

McKinnon affirmed Okta's systems are secure and have not been breached.

He said the security industry must collaborate to fight cybercriminals.

Digitization has been great for business but also created risks that criminals exploit.