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Breaking Barriers: 23 Organizations with Scholarships and Initiatives Supporting Diversity in Cyber and Insurance

Diversity is essential in the rapidly evolving world of cybersecurity and insurance and these organizations play a critical role.
4 min read

Breaking Barriers: 23 Organizations with Scholarships and Initiatives Supporting Diversity in Cyber and Insurance

4 min read

This article was updated in August 2025

Diversity in cyber and insurance is vital in today’s rapidly evolving landscape, yet many groups remain significantly underrepresented. To help close this gap and build a more inclusive workforce, numerous scholarships and initiatives have been created to support talented individuals from underrepresented backgrounds. These programs aim to break down barriers to entry by providing access to high-quality education and career advancement opportunities.

Here is a list of some of the most impactful scholarships and initiatives, showcasing how they empower diverse talent and help bridge the talent shortage in the cyber insurance industry. By combining awareness campaigns, mentorship, training, and active promotion of role models, these initiatives seek to dismantle barriers and foster a more inclusive cybersecurity and insurance industry. 

23 Organizations that Support Diversity in Cyber and Insurance

1. Asian & Pacific Islander American Scholarship Fund

This scholarship is open to Asian American and Pacific Islander students pursuing degrees in various fields, including cybersecurity. The scholarship amount varies depending on the level of study.

2. ColorStack 

A nonprofit dedicated to supporting Black and Latinx computer science students. The program provides mentorship, career development, recruitment opportunities, and scholarship connections to help increase representation in technology and cybersecurity fields.

3. Cyber Insurance Academy Scholarship Program

The Cyber Insurance Academy, a leading authority in cyber insurance education, has launched its transformative Scholarship Program. Designed to address the industry’s critical talent shortage, this initiative focuses on providing underrepresented groups with access to premier education and career advancement opportunities in cyber insurance.

Headshot of a Certified Cyber Insurance Specialist scholar from the Cyber Insurance Academy Scholarship Program, sharing a testimonial quote on how the program advanced her career and highlighted the importance of diversity in cybersecurity and insurance.

Linda, a Certified Cyber Insurance Specialist scholar, shares how the Cyber Insurance Academy Scholarship Program shaped her career and opened new opportunities in cybersecurity and insurance. Read her interview. 

4. Empowerment and Development UK

This program helps women in insurance gain the confidence needed to take the next steps in their careers.

5. Executive Women Forum

To support women in cybersecurity, risk management, and privacy and help narrow the gender gap in the industry.

6. Gates Millennium Scholars

This scholarship is open to students from low-income families who are African American, American Indian/Alaska Native, Asian & Pacific Islander American, or Hispanic American. The scholarship covers the full cost of attendance at any accredited U.S. college or university.

7. Hackers Against Hate: Diversity in Information Security Scholarship

Awards scholarships to undergraduate students from underrepresented communities pursuing degrees in cybersecurity and related fields. This initiative focuses on empowering diverse voices in information security.

8. Hispanic Heritage Foundation

This scholarship is open to Hispanic students pursuing degrees in STEM fields, including cybersecurity. The scholarship amount varies depending on the level of study.

9. I-CAN

Dedicated to promoting multicultural inclusion in the insurance industry. Its efforts focus on fostering diversity, supporting career progression for multicultural talent, and engaging with allies to celebrate the benefits of inclusion.

10. Insurance Cares: DEI on the RISE Scholarship

Aims to increase representation in the insurance industry by supporting juniors and seniors from underrepresented groups. The program offers financial assistance, mentorship, networking opportunities, and access to internships.

11. International Women’s Cyber Alliance

Foster a global network of professionals in cybersecurity/data privacy, insurance, and legal counsel to inspire women.

12. ISC2 Women’s Scholarships Overview

The ISC2 Women’s Scholarships support women pursuing degrees in cybersecurity, information assurance, or related fields to encourage diversity and advancement in the industry.

13. KnowBe4 Scholarship for Cybersecurity

This scholarship provides $10,000 to African American students pursuing cybersecurity degrees. Applicants must have a minimum GPA of 3.2 and be U.S. citizens or permanent residents.

14. Nightwing Cybersecurity Scholarship

This scholarship is open to students from underrepresented groups in cybersecurity, including women, Black, Native American, Asian American & Pacific Islander, Hispanic, LGBTQ+, and persons with disabilities. The scholarship amount varies depending on the level of study.

15. Orange Cyberdefense 

Aims to address gender bias in cybersecurity by highlighting stereotypes, presenting role models, and raising awareness about the underrepresentation of women in tech and cybersecurity.

16. Red Education Women in Cybersecurity Training Scholarships

Provides women with full training scholarships for certifications from leading vendors such as Check Point and Palo Alto Networks. The program supports entry-level students and early-career professionals seeking to advance their skills in cybersecurity.

17. The Latin American Association of Insurance Agencies (LAAIA)

Supports Latinx/Hispanic American students pursuing careers in risk management and insurance.

18. The National African American Insurance Association (NAAIA) 

The J.L. Tillman Endowed Scholarship supports African American students pursuing education in fields related to insurance, risk management, business, IT, actuarial science, finance, or marketing.

19. Women4Cyber Foundation

Connects women with experienced mentors to help develop skills and advance careers in cybersecurity.

20. Women in Cybersecurity (WiCyS)

Provides networking opportunities and mentorship programs, offers resources for professional development, and hosts an annual conference for women in cybersecurity to connect, learn, and share experiences.

21. Women in Digital (WiD)

Highlights gender gaps in STEM education and careers across Europe, emphasizing the need for initiatives to bridge these divides.

22. Women in Security and Privacy (WISP)

Supports attendance at the Women in Trust Annual Summit in San Francisco, CA.

23. WSIA Diversity Foundation Internship/Scholarship

Offers paid internships in the wholesale and specialty insurance industry to students from diverse backgrounds. Participants receive mentorship, housing, and travel support, and a $5,000 academic scholarship.

This article was updated in August 2025

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The Cyber Insurance Academy was cultivated by the leading minds in cybersecurity and insurance, with a mission to help cyber insurance professionals stay ahead of the curve. We aim to address the industry’s educational gap and technical challenges, while fostering a vibrant community of like-minded professionals.

 

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