Search results for George Kurtz
AI & Enterprise
CrowdStrike CEO says AI boom a tailwind for cybersecurity, confident on full-year results
CrowdStrike expects security demand to rise as AI-driven threats spread, and it raised annual guidance after reporting results above market expectations. CEO George Kurtz said companies are becoming more wary of AI-based cyber threats and that the trend should translate into revenue growth over the next several quarters. He said investor expectations around the Mithos scenario were premature, and highlighted an improved full-year net new ARR outlook and a surge in AI detection and response sales pipeline.
AI & Enterprise
CrowdStrike launches Project QuiltWorks alliance to counter AI-led security threats
CrowdStrike has introduced Project QuiltWorks, an alliance of companies meant to help enterprises quickly identify and fix software vulnerabilities found by frontier AI models. Accenture, Ernst & Young, IBM Cybersecurity Services, Kroll and OpenAI are participating, with OpenAI and Anthropic supporting models. CrowdStrike said faster AI-driven discovery is shrinking the time defenders have to respond. The group will collaborate on the Falcon platform and prioritize vulnerabilities based on attacker paths.
AI & Enterprise
AI fear spreads to cybersecurity sector as firms say core business not easily disrupted
Cybersecurity stocks fell after AI developer Anthropic unveiled Claude Code Security, a tool that scans AI-written code for vulnerabilities and suggests patches. Shares of CrowdStrike and Zscaler slid 9 percent and Netskope nearly 10 percent. Big Tech is also expanding AI security efforts. Still, some view the market reaction as excessive, arguing Claude Code Security may compete with code-security tools but cannot replace broader defences. Investors also doubt firms will consolidate all needs into a single AI vendor.
