Luxembourg is more and more successful in attracting new Startups in Cybersecurity.
The government and private actors push new structures like accelerators and incubators which are essential to build solid local Startup ecosystem.
The impact of the regulatory context in Luxembourg has also a great influence on the development of Startups : on one hand, the implementation of GDPR and the importance of personal data gave the opportunity to attract Startups in data security , on the other hand, the constraints on the cloud are generating a gap in this segment on secure application development. Wavestone’s objective for its first edition of the cybersecurity Startup radar is to give a better insight into the local startups ecosystem and encourage more innovation in cybersecurity.
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