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AI & Enterprise

CrowdStrike launches Falcon IQ with 50 AI agents to automate security assessments and actions

CrowdStrike has launched Falcon IQ, software that uses more than 50 artificial intelligence agents to automate security vulnerability assessments and remediation tasks. The company is also expanding its Falcon platform to the Snowflake Marketplace and making it available on Google Cloud, starting in U.S. regions, with plans to broaden support to meet data localisation rules. CrowdStrike also expanded data integrations for its next-generation SIEM.

AI & Enterprise

Security stocks jump on AI attack fears; CrowdStrike, Palo Alto hit record highs

Shares of CrowdStrike and Palo Alto Networks rose more than 5 percent on Aug. 10, both hitting record highs. Buying spread across the sector as demand for AI security tools grew, CNBC reported. BTIG said AI agents are reshaping the threat landscape and the attack environment has worsened, while adoption of AI security tools remains early. BTIG raised price targets for Palo Alto, CrowdStrike and Rubrik.

AI & Enterprise

IBM CEO says firms rethink security spending in AI era; U.S. cybersecurity stocks jump

U.S.-listed cybersecurity stocks rose broadly after IBM CEO Arvind Krishna said companies are reassessing security budgets as AI spreads and cyberattack risks grow. He said customers are shifting IT spending toward AI infrastructure such as servers and memory while rapidly raising their guard against security threats. Okta, Netskope and CrowdStrike rose about 10 percent, with several others up 7 to 8 percent. Krishna also said uncertainty is delaying some large contracts.