Dan Ives sees cybersecurity spending doubling to 10% of IT budgets, names 5 stocks to benefit

Wedbush analyst Dan Ives says AI agents are creating a cybersecurity problem traditional defenses were not built to handle, and expects cybersecurity's share of IT spending to rise from roughly 5% to 10% over the next three years. He identified CrowdStrike, Palo Alto Networks and other stocks as beneficiaries.

Detected & updated continuously · Source: Nebula