Cybersecurity outlook 'cautiously optimistic' as AI drives spending, Scotiabank says

Scotiabank says 2026 cybersecurity outlook is "cautiously optimistic" with AI as an accelerating tailwind

Application Programming Interface (API) security, non-human identity management and AI detection & response are expected to drive spending this year - brokerage

Scotiabank is "tactically bullish" and feels better about SailPoint's SAIL.O setup for FY27; SAIL has an advantage in protecting AI agent and non-human identities

Brokerage "incrementally more positive" on CrowdStrike CRWD.O; Scotiabank's latest checks suggest that CRWD is landing big strategic commitments

Scotiabank is "near-term nervous" about Fortinet FTNT.O; says firm looks to be less well-placed to capture new spending in growing areas of cybersecurity

Customers are liking Palo Alto Networks' PANW.O buyout of CyberArk, saying the combinations can lead to better deals together under the same vendor than individually - brokerage

Brokerage says it made checks on Qualys QLYS.O, Tenable TENB.O, and Rapid7 RPD.O; says vulnerability management is not a spending priority for chief information security officers