Palo Alto Networks' stock fell sharply by 5.08% during intraday trading on Thursday, reflecting significant selling pressure on the cybersecurity leader.
The decline follows market concerns triggered by reports that Anthropic's most advanced AI model, Mythos, was found to possess unauthorized access capabilities. The model can reportedly autonomously discover vulnerabilities and bypass existing network defenses, raising alarms about AI-driven security risks.
This revelation has sparked investor anxiety that advanced AI models could fundamentally challenge conventional cybersecurity architectures, leading to broad-based selling pressure across the cybersecurity sector. Several major players in the space experienced declines alongside Palo Alto Networks during the session.
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