That is, of course, for a given radiation dose, which is independent of body cross section - which is relevant in real-world scenarios. If we assume an isotropic radiation exposure profile, an average male height of 174cm, an average female height of 161 cm, and asssume an equivalent profile, then a man presents a 17% higher profile to radiation exposurediation exposure, so if a woman has a 50% higher (150%) cancer risk, then it's only 29% higher for a fixed radiation flux per square meter.
However, let's look further at this. Given the smaller size of members of a female crew, you can shrink the spacecraft occupant space by 8% on each axis, or a volumetric decrease of 26%. Mass changes are more difficult to reckon. Life support, food, water, etc is dependent on metabolism, which the article shows is dramatically lower for women in space. Fuel needs are proportional to all other mass issues. Only a few things (such as computers and scientific equipment) don't trace back to crew member size and mass. Regardless, for a given launch weight, it's clear that you can afford the mass of a significantly increased amount of radiation shielding for a female crew due to the weight savings elsewhere, probably easily more than offsetting the cancer risk.
Beyond this, the average US astronaut age is 34, an age well after when most women are done having children (assuming that they even want to have children). Given that the article states the risk is from breast, ovarian, and utirine cancer, I wouldn't be surprised if many would consider full hysterectomy for the ability to travel to Mars.