AXIOS (Sam Sabin) - Anthropic's new code security tool causes market panic
Cybersecurity companies aren't likely to face the same dramatic, AI-induced apocalypse that's hit the software industry over the last month, analysts say. Why it matters: Investors are panicking and security executives are now on the defensive. But insiders don't see this as a total identity crisis for the industry. Driving the news: Anthropic on Friday announced its new Claude Code Security product, which can automatically scan codebases for vulnerabilities and suggest patches. The news caused shares of several major cyber companies to tumble. - "The Global X Cybersecurity ETF fell 4.9% and closed at its lowest since November 2023" on Friday, according to Bloomberg . - As of Monday, CrowdStrike shares have fallen 11%. Cloudflare took…