Live data from Hacker News

Okta to Acquire Auth0 for $6.5B

cnbc.com

91–100 of 326 posts

Re: Okta to Acquire Auth0 for $6.5B

#91

There's something about Okta that just scares me. If Okta is ever compromised, so are the thousands of companies that rely on it for IdP. How do companies mitigate this risk? Or do they?

What if AWS was compromised and every DynamoDB instance was accessible?

Someone is able to bypass very strict security and even if I went with a different or self hosted solution, if I was the target i would be got.

Re: Okta to Acquire Auth0 for $6.5B

#93

Does anyone else think its a horrible idea to outsource your companies authentication? Where I work we are migrating to Okta, and it blows my mind that anyone thinks it is a good idea.

Im sure you could find people that think it is a bad idea, but most people including myself find it to be a good idea.

What do you see to be horrible about it exactly?

Re: Okta to Acquire Auth0 for $6.5B

#95

Centralized services gonna centralize. Something I've been thinking about recently is that a full web browser is a hard dependency of OAuth2-based systems. That's 20-30 million lines of code even for the simplest systems, even though you're basically just using the browser as a form renderer and a central space to store tokens. I feel like there's room for a simpler protocol designed to operate on HTTP plus a minimal…

You might want to check out GNAP. I did an overview of it here: https://fusionauth.io/blog/2021/01/07/gnap-next-gen-oauth/ but you can also check out the spec here: https://datatracker.ietf.org/doc/draft-ietf-gnap-core-protoc...

They are aware of the issues of the browser centricity of OAuth.

It's definitely not the simpler protocol you describe, but it's one way to look at the future.

Re: Okta to Acquire Auth0 for $6.5B

#96
post #50

I hope this gives rise to another, smaller viable party outside of Amazon, Google, and Microsoft. Perhaps I'm jaded, perhaps hopelessly biased - but I can only see this as a net negative. Okta's open source packages receive a pitiful amount of attention (for example: https://github.com/okta/okta-oidc-js/issues?q=is%3Aissue+is%... ) with forks almost becoming a requirement. Auth0 by contrast has been "on the ball" for…

How will market consolidation lead to a smaller viable alternative?

Nature abhors a vacuum

Re: Okta to Acquire Auth0 for $6.5B

#98
post #20

Okta stock dropped 12% in after hours. I see the acquisition as a positive business decision.

Dropped because OKTA will issue an additional 21% of their outstanding stock to make the purchase, diluting existing shareholders

But shareholders own an entire nother company now.

Re: Okta to Acquire Auth0 for $6.5B

#100
post #75
post #50

I hope this gives rise to another, smaller viable party outside of Amazon, Google, and Microsoft. Perhaps I'm jaded, perhaps hopelessly biased - but I can only see this as a net negative. Okta's open source packages receive a pitiful amount of attention (for example: https://github.com/okta/okta-oidc-js/issues?q=is%3Aissue+is%... ) with forks almost becoming a requirement. Auth0 by contrast has been "on the ball" for…

Have you heard of https://fusionauth.io/ ? I'm not a user of the product, but I know some of the folks behind it. Might be time for them to shine here.

+1 - I set up a FusionAuth instance to do a tutorial for them and it was a great experience.
Post reply on HN