LastPass vs Okta
Last updated: October 12, 2019
LastPass is there when you need to login, generate a password for a new site, or complete an online order. We've streamlined the browsing experience with features that take the hassle out of logging in and signing up, so you can forget about passwords forever.
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LastPass vs Okta in our news:
2019 - Identity management software Okta introduced end-user-security product
Okta developed a couple of new products under the umbrella SecurityInsights. The end user product is called UserInsights. The other new product, called HealthInsights, is designed for administrators and makes suggestions on how to improve the overall identity posture of a company. UserInsights lets users know when there is suspicious activity associated with their accounts, such as a login from an unrecognized device. If it appears to involve a stolen password, he or she would click the Report button to report the incident to the company’s security apparatus where it would trigger an automated workflow to start an investigation. The person should also obviously change that compromised password. HealthInsights operates in a similar fashion, except for administrators at the system level.
2019 - Okta acquired workflow automation startup Azuqua
Okta is to acquire workflow automation startup Azuqua for $52.5 million. In a modern enterprise, people and work are constantly shifting and moving between applications and services and combining automation software with identity and access management could offer a seamless way to move between them. The combining of the two companies is intended to move smoothly between applications in a complex workflow without having to constantly present your credentials. S0 product teams will be able to embed this technology in their own applications alongside Okta’s core authentication and user management technology to build integrated customer experiences.
2018 - Okta introduced new service - Sign in with Okta
Okta unveiled a new service "Sign in with Okta" that allows employees to sign into third party sites and apps just like they sign in their company applications with a single set of credentials. The new API allows developers to add a few lines code and give Okta customers the ability to sign into one another’s websites in a similar way that OAuth allows you to use your Google or Facebook credentials to sign onto consumer sites. When developers add this functionality, the user sees a “Sign in with Okta” button on the website or service they are accessing. They can then use their Okta login to get into these sites under whatever rules the site owner has defined.
2018 - Okta partnered with ServiceNow
Okta and ServiceNow got together to build an app that helps ServiceNow customers using their security operations tools find security issues related to identity and take action immediately. Okta launched the Identity Cloud for Security Operations app today. It’s available in the ServiceNow app store and has been designed for customers who are using both toolsets. When a customer downloads and installs the app, it adds a layer of identity information inside the ServiceNow security operations interface, giving the operations team access to information about who specifically is involved with a security problem without having to exit their tool to find the information.
2017 - Okta launches free service for startups
Online identity management provider Okta, which counts corporate clients like Nordstrom and government clients like the U.S. Department of Justice, said that it’s now going to let startups use its services for free. Young organizations with up to 25 employees will be able to use Okta Identity Cloud without charge for one year. CEO Todd McKinnon hopes that they’ll become corporate clients as their business grows and they’re satisfied with the secure sign-on services. There are a lot of companies in the secure sign-in space. When asked about startups like Duo or SailPoint, which recently went public, McKinnon said “they have one part of what we offer” and “we have a broad suite.” He believes Okta’s real competitors are the incumbents like IBM, Oracle, Salesforce and Computer Associates. So we may assume that Okta is now more affordable if compared vs Salesforce Identity
2017 - Okta makes 2-factor authentication standard for all customers
Cloud identity provider Okta announced that it’s making 2FA the standard for all its customers. Research suggests that a large number of breaches are related to stolen or weak passwords. Okta recognizes that, so it’s implementing 2FA as a standard, presenting every user with a one-time passcode to add another layer of protection that will be harder for hackers to surface. What’s more, the company also sees the password reuse problem so it’s adding a compromised password detection tool, which can find commonly-used passwords from large, publicly-known data breaches and warn users if they are using them. It’s certainly a big step forward, and while 2FA isn’t a panacea, it’s still better than just a username and password because it’s adding that additional layer of protection. The conclusion is that Okta becomes more secure than LastPass
2016 - Password manager LastPass is now free
LastPass, the password manager owned by LogMeIn, is making a core component of its service free. Before now users could access the the browser extension for free but had to pay a $12 annual fee to take their passwords with them on mobile. From now this feature is free. Free services will also now include two-factor authentication, password generation and sync, and access from unlimited devices. Basically, LastPass is now charging only for enhanced features rather than convenient access. The company also earns revenue from its enterprise offerings. LastPass says that the change is motivated by a commitment to bringing password security to the masses. But the pricing change might also be intended to lure users from other paid password management services.
2016 - Enterprise identity management leader Okta expands partnership with Box
Cloud identity management and mobility management provider Okta announced a partnership with Box to support device-level security for the Box mobile app. Okta and Box have a long history together but this expands the friendship. The new solution will allow to apply a set of policies on the device, such as requiring a device PIN before you can use any of the managed apps. Okta’s EMM solution also includes integrated identity across participating apps with Single Sign-On (SSO) along with unified provisioning across all devices, according to the company.
2015 - LogMeIn acquired password management service LastPass
Remote access software maker LogMeIn has acquired the online password management software maker LastPass for $110 million. LastPass, a competitor with Dashlane, 1Password, and others, offered a suite of tools to help users stay safe online. Its core product is a password management software application that helps you create strong, secure passwords for the websites you visit as well as keep other private information in “secure notes.” A native desktop application for OS X, released earlier this year, introduced a “Security Check” tool that let users quickly scan all their passwords to see if they were secured properly. The company also offers web browser extensions, and a mobile app.
2015 - Identity management provider Okta gets $75M
Okta, the cloud identity management company, announced a $75 million round. Okta was valued at $1.2 billion in this deal, meaning it has entered the hallowed halls of the Unicorn club. While being a Unicorn isn’t what it once was, it still is meaningful and a big step for Okta, which has been trying to move beyond pure identity management into areas like security, mobile device management and two-factor identification. The company has been growing 100 percent year over year and as such they were burning through cash. This puts money in the bank and allows them to buy small strategic companies if they become available.