Anthropic Cloud Code Security: Huge fall in cyber security stocks due to Anthropic’s ‘Cloud Code Security’, big companies got a shock
Anthropic Cloud Code Security: American AI company Anthropic has launched its new tool “Claude Code Security”. Its effect was visible in the stock market only after its launch. Shares of companies operating in the cyber security solutions sector have fallen sharply after Anthropic PBC, a US-based AI company, launched a tool that can automatically find and fix potential software vulnerabilities. According to reports, investors felt that if AI itself starts fixing software flaws, then the work of traditional security companies could be reduced. This fear was visible in the stock market. According to the news, JFrog shares fell nearly 24%. CrowdStrike declined nearly 8%. Shares of Okta and GitLab also went down by 8–9%. Apart from this, big companies like Palo Alto Networks, Zscaler and Rubrik Inc also suffered a setback. Similarly, shares of Zscaler, Rubrik Inc. and Palo Alto Networks also declined heavily.
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Claude Code Security is a new capability added to Anthropic’s web platform Claude Code. The company said that currently it has been launched as a limited research preview. This tool scans the software codebase and identifies potential security flaws. It then recommends precise software patches to fix those vulnerabilities, which can be reviewed by a human team. The company claims that this tool can also catch those security problems which traditional methods often ignore.
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