The 'Okta ThreatInsight Threat Detected' rule is designed to detect various types of threats leveraging Okta's Identity Management logs. Specific monitored threat activities include password spraying, login failures, and unusual (unknown) user login attempts. By analyzing 'security.threat.detected' events from Okta logs, the rule helps security operations centers (SOCs) identify potential unauthorized access attempts and credential-based attacks. If malicious activity is confirmed, there is a significant risk of unauthorized data access or breaches due to compromised accounts. The associated query gathers statistics on these events, providing insights into login attempts by application, source IP, and other details to facilitate effective investigations and responses.