CrowdStrike (NASDAQ:CRWD) announced the launch of Project QuiltWorks, a new coalition bringing together technology and consulting firms to address vulnerabilities in production code identified by artificial intelligence models.
The initiative includes partners such as Accenture, Ernst & Young, IBM Cybersecurity Services, Kroll, and OpenAI. The coalition leverages AI systems from OpenAI and Anthropic to detect vulnerabilities and coordinate remediation efforts across organizations.
New service targets AI-discovered risks
Alongside the coalition, CrowdStrike introduced its Frontier AI Readiness and Resilience Service, a subscription-based offering designed to help companies continuously evaluate and address vulnerabilities uncovered by AI.
The service is offered as a 12-month renewable subscription through the company’s Falcon Flex program.
“As frontier AI accelerates vulnerability discovery, every board in the world is asking their CISO the same question: are we exposed and are we protected?” said George Kurtz, CEO and founder of CrowdStrike.
Expanding tools for vulnerability management
Project QuiltWorks aims to equip organizations with a suite of capabilities, including AI-powered application and code scanning, risk prioritization based on exploitability, and structured remediation support.
CrowdStrike noted that its Falcon platform processes trillions of security events daily, using threat intelligence to identify and prioritize risks.
According to the company, more than 90% of clients at Kroll are currently dealing with cyber incidents linked to AI usage, highlighting the growing exposure tied to AI-developed applications.
Broad partner network and immediate rollout
The initiative is available immediately and will rely on a global network of more than 10,000 certified professionals to deliver remediation services.
Additional updates and analyst outlook
Separately, CrowdStrike cited a Total Economic Impact study conducted by Forrester Consulting, which found that organizations using its Falcon Cloud Security platform achieved a 264% return on investment over three years, with quantified benefits of $13.8 million and a payback period of under six months.
The company also expanded its Cloud Detection and Response capabilities to Google Cloud, strengthening its multi-cloud security offering with real-time event streaming.
On the analyst front, Cantor Fitzgerald reiterated an Overweight rating on CrowdStrike with a $520 price target, while Benchmark maintained a Buy rating with a $500 target, citing the company’s growing role in enterprise AI adoption.
Cantor Fitzgerald also reaffirmed its Overweight stance on Palo Alto Networks, underscoring the competitive landscape within the cybersecurity sector.