A company that offers data protection services is to create 60 jobs with the opening of its European headquarters in Galway.

IDT911 says the positions will be filled over the next five years.

The company provides identity management, fraud monitoring and cyber security services to 17.5 million private customers in the US and Canada as well as to more than 750,000 businesses.

It was established in 2003 and hopes to generate business in what it says is an emerging market for identity management and data support programmes in Ireland.

A recent study by the Irish Computer Society found more than half of Irish companies suffered a data breach in 2014.

An EU sponsored study in February found 13% of Irish internet users had fallen victim to online fraud.

IDT911 says it offers protection from emerging cyber threats and resolutions for businesses that have been impacted by fraud.

The company's Chief Operating Officer, Sean Daly, said Ireland and Galway had been chosen as the base for the European operation because of the pool of available graduates with relevant qualifications and the support provided by State agencies.

It will have its European headquarters at the Galway Technology Centre in the Mervue area of the city.

The announcement has been welcomed by Minister for Jobs Richard Bruton who is in Galway today for one of the Government's regional jobs forums.