1 Must-Buy AI Stock Down 68% That You Can't Afford to Miss
KEY POINTS
- Malicious actors are using artificial intelligence (AI) to launch sophisticated attacks on businesses.
- SentinelOne uses AI to automate its cybersecurity software, leading to faster threat hunting and incident response.
- SentinelOne stock is cheaper than two of its main rivals, despite the company growing more quickly.
Cybersecurity is becoming a top priority for companies, and SentinelOne is benefitting thanks to its AI-powered products.
Artificial intelligence (AI) is forecast to drive a productivity boom across the global economy, but it's also dangerous when placed in the wrong hands. According to a survey conducted by PwC earlier this year, 64% of leading corporate executives think AI will increase cybersecurity risks in their organizations.
Cybersecurity giant Palo Alto Networks (PANW 1.26%) recently said it has seen a tenfold increase in email-based phishing attacks over the past year because AI allows malicious actors to rapidly craft realistic content designed to trick corporate employees into handing over sensitive information. So the executives' fears are well founded.
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