Talent crunch stunts potential for startups in booming cybersecurity scene
High-profile security breaches create openings for newcomers, but funding activity still centres on Israel, US
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Singapore
CYBERSECURITY has become one of the hottest startup investment themes this year, thanks to the spotlight cast on the sector by high-profile security breaches and pandemic-driven demand.
Like Israel and the US, Singapore is seeing more venture capital (VC) flowing into cybersecurity. But making a mark is still tough, as startups here are hampered by talent shortages and a lack of maturity in the regional market.
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