18 Jul The Importance Of Women In Cybersecurity
This week in cybersecurity from the editors at Cybercrime Magazine
– Read the Full Story in Observer
Sausalito, Calif. – Jul. 18, 2024
Observer reports that in cybersecurity, where women make up less than 25 percent of the global cyber workforce, men are four times more likely to occupy executive positions and nine times more likely to hold management roles than women.
As the digital economy grows and advanced technologies proliferate, global cybercrime costs are expected to soar to $10.5 trillion USD annually by 2025 — a sharp and alarming increase from $3 trillion USD in 2015, according to Cybersecurity Ventures. Diverse, rapidly evolving cyber risks require equally diverse solutions by diverse professionals.
Research reveals the importance of having women in cyber leadership roles. One study found that including women tech experts on boards significantly improves cyber risk management, as women tend to exhibit lower risk tolerance, stronger ethical practices, and a lower incidence of fraudulent behavior in corporate settings.
Fortunately, the number of women in cyber has increased thanks to growing initiatives focusing on enhanced access to training programs, policy and advocacy efforts, networking initiatives, and awareness campaigns. However, there is still a long way to go to achieve full gender parity.
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