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AI coming for cybersecurity too? Anthropic fear hits another corner of Indian stock market

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[hfe_template id='11223'] [ad_1] Just as investors were beginning to believe that the disruptive impact of artificial intelligence might remain largely confined to the IT services sector, fresh concerns have surfaced about its potential to reshape the cybersecurity industry as well. Tuesday’s sharp decline in cybersecurity stocks reflected those fears, as investors assessed the possible impact of a new security tool launched by Anthropic. The company’s latest feature, Claude Code Security, is designed to identify high-severity vulnerabilities in open-source software repositories and provide patches to fix the bugs, raising questions about how AI-driven tools could affect traditional cybersecurity service providers. In Tuesday’s session, several cybersecurity and technology stocks came under sharp selling pressure, with some falling as much as 20%. TAC Infosec was among the worst hit, hitting a 20% lower circuit at Rs 415.70 on the NSE. TechD Cybersecurity dropped more th...

AI coming for cybersecurity too? Anthropic fear hits another corner of Indian stock market

Image
[hfe_template id='11223'] [ad_1] Just as investors were beginning to believe that the disruptive impact of artificial intelligence might remain largely confined to the IT services sector, fresh concerns have surfaced about its potential to reshape the cybersecurity industry as well. Tuesday’s sharp decline in cybersecurity stocks reflected those fears, as investors assessed the possible impact of a new security tool launched by Anthropic. The company’s latest feature, Claude Code Security, is designed to identify high-severity vulnerabilities in open-source software repositories and provide patches to fix the bugs, raising questions about how AI-driven tools could affect traditional cybersecurity service providers. In Tuesday’s session, several cybersecurity and technology stocks came under sharp selling pressure, with some falling as much as 20%. TAC Infosec was among the worst hit, hitting a 20% lower circuit at Rs 415.70 on the NSE. TechD Cybersecurity dropped more th...