IT security company Espion is to create 25 new jobs in Ireland and an additional 10 in the Benelux region. It is also establishing a new office in New York with support from Enterprise Ireland. The increased headcount underpins Espion’s efforts to become a global ICT player and a key facet of this strategy is to enable US multinationals to do business across the EU.

Espion has an established track-record working with some of the biggest organisations in Europe providing expertise on the identification, protection, compliance and management of their information. The firm plans to carve a niche, offering specialist consultancy to US multinationals navigating the European data protection, information security and multijurisdictional eDiscovery landscape.

Commenting on the US move, Espion managing director, Colman Morrissey, says: “There are unprecedented levels of complexity facing global businesses that need to manage and secure sensitive data in multiple regions across Europe. We will offer our existing capabilities, with additional expertise around bridging gaps between US and EU data protection requirements.

In the past 18 months we have built a significant US multinational client base advising on navigating the EU regulatory and compliance landscape. Based on these engagements we believe there are ample opportunities to grow this business. Our new stake in the US will greatly elevate our global expansion plans.”

Espion recently ranked on the Deloitte Technology Fast 50 for a ninth consecutive year, with 2014 revenues growing by more than 35 per cent over the previous year. The firm currently employs 85 specialist consultants and expects staff numbers to hit the 120 mark by the end of 2015 to support expansion.

Rory Griffith, Enterprise Ireland - New York, Senior VP Financial Software & Services, Information Security & Government Solutions says: “Indigenous firms like Espion have much to offer US multinationals and the US market. Ireland’s ecosystem for information security is among the best and most innovative in the world. This is due to the excellent interaction of technology firms (such as Espion) with research institutes, colleges and universities, industry associations as well as deep participation with in-market Enterprise Ireland advisers and contacts. This level of collaboration is key to ensure continuous innovation and help Ireland remain a smart exporter of information security solutions and services.”