Only 3% Of Cyber Security Startups Are Led By Women

The skills gap in cybersecurity has been discussed at length. But what about diversity in cybersecurity? While that has also received attention, cybersecurity firm NopSec published their recent Women Leaders in Cybersecurity report to put some numbers behind female leaders in the industry. 

In 2020, cybersecurity startups raised $8.9 billion and last year, that number increased to more than $21 billion

While this data is exciting and promising for the cybersecurity industry as a whole, there’s one big question that isn’t being asked: how much of that funding went to companies led by women? 

“As a female CEO of a cybersecurity company myself, I was curious to know the answer to this question,” said Lisa Xu, CEO of NopSec. “Over the past two months, we collected and analyzed cybersecurity startups with one goal: to find out how many are led by female CEOs?” 

The report found that of the 654 startups that raised more than $1,000,000 in funding in 2020 and 2021, only 22 - or 3.3% - were led by female CEOs.

“With just 3% of companies being led by women, do we really wonder why we have a gender diversity problem in cybersecurity? What’s actually being done to address this problem? Is there any real progress being made to fix it?” said Xu. 

She goes on to say, “We are doing this because before we can expect to see progress made to solve this problem, we all need to know where we stand. What gets measured gets improved. We’ll take on the responsibility of monitoring funding going to women-led cybersecurity companies but it will be up to investors to determine what gets improved. Investors backing more female CEOs who are running cybersecurity companies will bring more women into cybersecurity — it’s truly that simple.” 

If there are more women in cybersecurity — everyone wins. Organizations get to build more diverse teams, investors get to invest in companies that have been proven to outperform their male counterparts, and most importantly, all the incredibly talented women out there get the opportunity to unleash their value to the world. It’s up to investors to make this happen. 

Contributed By: NOPSEC

You Might Also Read:

New CSPM Report Highlights The Perceived Security Gap For Cloud Infrastructure:

 

« Is Europe Ready For Cyber Warfare?
A History Of Cyber Security »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

Resecurity, Inc.

Resecurity, Inc.

Resecurity is a cybersecurity company that delivers a unified platform for endpoint protection, risk management, and cyber threat intelligence.

ON-DEMAND WEBINAR: How to build and implement an effective endpoint detection and response strategy

ON-DEMAND WEBINAR: How to build and implement an effective endpoint detection and response strategy

Discover how you can implement endpoint detection and response (EDR) tools into your security strategy.

BackupVault

BackupVault

BackupVault is a leading provider of automatic cloud backup and critical data protection against ransomware, insider attacks and hackers for businesses and organisations worldwide.

CYRIN

CYRIN

CYRIN® Cyber Range. Real Tools, Real Attacks, Real Scenarios. See why leading educational institutions and companies in the U.S. have begun to adopt the CYRIN® system.

Practice Labs

Practice Labs

Practice Labs is an IT competency hub, where live-lab environments give access to real equipment for hands-on practice of essential cybersecurity skills.

National Cyber Security Centre (NCSC) - United Kingdom

National Cyber Security Centre (NCSC) - United Kingdom

The NCSC acts as a bridge between industry and government, providing a unified source of advice, guidance and support on cyber security, including the management of cyber security incidents.

Bricata

Bricata

Bricata offers industry-leading IPS solutions for enterprise-wide threat prevention and unparalleled situational awareness.

Nok Nok Labs

Nok Nok Labs

Nok Nok is a market leader in next generation authentication for cloud, mobile and IoT applications.

Naval Dome

Naval Dome

Naval Dome provides the first maritime multilayer cyber defense solution for mission critical onboard systems.

iONLINE

iONLINE

iONLINE delivers high quality IT services and solutions to businesses in Azerbaijan.

Swascan

Swascan

Swascan is the first all-in-one, GDPR Compliant, Cloud Security Suite Platform. GDPR Assessment, Web Application Scan, Network Scan, Code Review.

Dell Technologies

Dell Technologies

Dell Technologies Consulting Services enables a highly resilient business amidst the proliferation of cloud-based IT services and constant threats to your most critical information.

Transpere

Transpere

Transpere provides IT Asset Disposition (ITAD), Data Destruction, Electronic Recycling and Onsite Data Services.

Titans24

Titans24

Titans24 is a Software-as-a-Service security platform for web applications. It prevents attacks on business websites that are protected under 11 cyber-security layers.

Aries Security

Aries Security

Aries Security provides a premiere cyber training range and skills assessment suite and develops content for all levels of ability.

Periculus

Periculus

Periculus makes managing digital risk simple. Its integrated platform offers access to purchase cyber insurance and cyber security solutions uniquely tailored to fit the needs of every business.

South East Cyber Resilience Centre (SECRC)

South East Cyber Resilience Centre (SECRC)

The South East Cyber Resilience Centre supports and helps protect SMEs and supply chain businesses and third sector organisations in the region against cyber crime.

FINX Capital

FINX Capital

FINX strives to solve the cybersecurity issues with its proprietary technolog, FINX SHIELD, by utilizing big data, blockchain combined with artificial intelligence.

Cyware

Cyware

Cyware is the only company building Virtual Cyber Fusion Centers enabling end-to-end threat intelligence automation, sharing, and unprecedented threat response for organizations globally.

Votiro

Votiro

Votiro is an award-winning cybersecurity company that specializes in file sanitization, ensuring every organization is safe from zero-day and undisclosed attacks.

Numen Cyber Technology

Numen Cyber Technology

Numen Cyber Technology is committed to becoming a Threat Discovery and Response expert for corporate customers.