Galway is to receive 60 new jobs over the next five years as identity theft and risk management player IDT911 locates its European operations in the city.
The investment is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.
IDT911 will look to capitalise on the emerging market requirement for identity management and data breach support programmes.
More than half of Irish businesses suffering a data breach last year according to the latest ICS National Data Protection Survey.
“Galway has a dynamic business culture that will enable us to launch IDT911 into the European market and scale upwards during the next five years,” the chief operations officer of IDT911 Sean Daly explained.
“As leaders in the world of data protection and identity management, the Irish environment is an ideal fit to recruit excellent talent with the expertise we will need moving forward.”
Ireland's growing security software cluster
The fact that a fast-growing identity and data protection company operating at the cutting edge of its sector decided to locate a major investment in Galway is a great boost for the West of Ireland, said Jobs Minister Richard Bruton TD.
The move follows last week’s news that Malarebytes is creating 50 new jobs in Cork.
“IDT911 is joining a growing base of cyber security companies already located in Ireland. A job announcement in Galway is likely to have a beneficial effect for the whole of the western region,” IDA Ireland chief executive Martin Shanahan said.
“The company’s Galway office will have responsibility for delivering IDT911’s business services in the European market.”
Identity thief image via Shutterstock