Canada’s Identity Theft Worries Mount with AI Progression, Okta Survey Finds
Okta, Inc. - Class A (OKTA)
Last okta, inc. - class a earnings: 3/5 04:05 pm
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Source: GlobeNewswire
TORONTO, March 26, 2024 (GLOBE NEWSWIRE) -- Nearly three quarters (almost 75 per cent) of Canadians fear their identity will be stolen or misused due to the advancements in AI, according to new research* from Okta, Inc. (NASDAQ: OKTA), the leading independent Identity provider. What’s even more concerning, less than a quarter (roughly 20 per cent) of Canadians are confident in their ability to recognize AI-generated attempts to compromise their personal information. This lack of confidence comes at a time when generative AI is increasingly used to manipulate photos and videos, often featuring notable figures, yet it’s the risk of personal identity theft that is poised to emerge as the foremost concern. “As Canadians grapple with a surge of phone and email scams, with perpetrators often posing as banks or credit card companies, the rise of generative AI adds another layer of complexity,” said Dan Kagan, SVP and Country Manager at Okta Canada. “With AI, cybercriminals creat
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OKTA
Earnings
- 2/28/24 - Beat
OKTA
Sec Filings
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- OKTA's page on the SEC website