Okta announces IPSIE, a new identity security standard for SaaS ecosystem at Oktane event.

At the Oktane event in Las Vegas, Okta announced its new identity security standard, IPSIE, aimed at enhancing security in the SaaS ecosystem. CEO Todd McKinnon highlighted that over 80% of breaches involve compromised identities. IPSIE, developed with the OpenID Foundation and other tech firms, seeks to standardize identity management. Additionally, Okta introduced new features for its Workforce Identity Cloud to address emerging cybersecurity threats, emphasizing a commitment to secure identity solutions.

October 16, 2024
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