Cybersecurity Stocks Plummet After Competition From New Anthropic AI Tool

Cybersecurity stocks dropped about 10%, some including CrowdStrike, Okta, and Zscaler. This plummet occurred on Monday, January 23rd after Anthropic debuted a new AI tool that scans code and fixes vulnerabilities. After distinct perspectives from the market, CrowdStrike CEO states that "AI does not replace your security program," especially intended to those who fear AI is a threat to cybersecurity.