Crossword Cybersecurity to work with University of Glasgow on Privacy Governance Software Product
23 February 2021 – London, UK – Crossword Cybersecurity Plc (AIM:CCS, “Crossword”, the “Company” or the “Group”), the technology commercialisation company focused on cyber security and risk management, is pleased to announce that it has reached agreement with the University of Glasgow to support its PRC (Privacy Risk and Compliance) Project, in creating a new software product aimed at Privacy Governance. Crossword will help to design, market test and build the software product. Ultimately this product will be owned by a newly formed separate University of Glasgow spin-off business.
Under the agreement, Crossword will provide a team of product managers, designers and developers who will act under the direction of the University of Glasgow’s academic champion. Crossword will use its large customer base and its in-house team of Privacy & GDPR Consultants to market test the product. Following a rigorous tendering process, the contract was awarded to Crossword for delivery during 2021.
Crossword previously worked with the University of Glasgow team in the InnovateUK CyberASAP programme for cyber security academic start-ups. This collaboration very much stems from that work in 2019.
Jake Holloway, Chief Product Officer of Crossword, commented; “Crossword Cybersecurity is delighted to be working with the University of Glasgow to help commercialise this exciting research. It's particularly satisfying to help a team we know from our work on CyberASAP take further steps along the road to commercial success.”
Inah Omoronyia, PRC Academic Champion of the University of Glasgow, commented; “I’m pleased to be partnering with Crossword Cybersecurity to explore the possibility of commercialising my research. I look forward to working with the Crossword team on the development and market testing of a new product."