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Jefferies: Market fears of AI disrupting cybersecurity are excessive. Identity authentication and endpoint security are actually "immune zones," and sell-offs create good buying opportunities.

Jefferies: Market fears of AI disrupting cybersecurity are excessive. Identity authentication and endpoint security are actually "immune zones," and sell-offs create good buying opportunities.

老虎证券老虎证券2026/03/31 07:12
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Joseph Gallo, the bank’s analyst, emphasized in the report that investors' recent collective sell-off of the cybersecurity sector reflects an excessive concern about the AI replacement effect, while overlooking the essential difference between “deterministic demand” and “probabilistic generation” in security defense.
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