Code-Scanning
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Cyber Stocks Tumble Amidst AI Disruption Concerns
Cybersecurity stocks plummeted as AI’s code-scanning capabilities, exemplified by Anthropic’s new tool, raised concerns about industry disruption. Major cybersecurity firms, including CrowdStrike and Zscaler, saw significant stock price drops. While some leaders emphasize AI’s limitations in replacing comprehensive security platforms, analysts suggest AI may primarily impact dedicated code-scanning tools rather than end-to-end solutions. The broader software sector has also faced pressure from AI advancements.
