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Paradyn Group, one of Ireland’s leading cybersecurity service providers, today announces that it is creating 20 new jobs in Cork and Dublin over the next two years. The company expects to grow its revenues from €9 million to €13 million within this timeframe across Paradyn and Vault365, the data backup and recovery specialist.

The new roles are being created in the areas of cybersecurity, network services, and sales. This will enable the group to provide an enhanced service portfolio to its customers across both the Irish and UK markets.

In the next two years, Paradyn anticipates the highest growth in cybersecurity support, backup and disaster recovery, and cyber framework consultancy. This growth is being driven by a lack of in-house cybersecurity resources among customers, an increasing focus on cybersecurity best practices, and requirements around upcoming legislation such as the NIS2 Directive on cybersecurity.

The company expects to increase its customer base by 25% in the next two years, with a particular focus on enterprise, local government, and central government. In response to ever-evolving cyber threats, Paradyn will also be expanding its 24/7 support services for customers.

Cillian McCarthy, CEO, Paradyn: “We are on an exciting path of continued growth as cyber risks become ever more complex. Across the board, we are seeing an increased demand from customers for specialist cybersecurity solutions and services, and the need for high quality technical talent remains at an all-time high. To meet evolving needs, we are expanding our team to enable our customers to grow and succeed, safe in the knowledge that their critical and sensitive data is protected.

“In addition, with our deep experience in rolling out cybersecurity frameworks, Paradyn is well positioned to advise on and implement the necessary steps to ensure that our customers are compliant with changing regulations such as NIS2. We are looking forward to growing our technology expertise and continuing to roll out new and enhanced services to both new and existing customers.”