IT and communications service provider Paradyn has accelerated the launch of its new network and security operations centre to help customers identify and manage security incidents in real time. 

The opening of the Paradyn TotalView Operations Centre in Co Cork was brought forward by two months as a response to the increase in malicious threats being faced by businesses during Covid-19. 

The new centre is based in Little Island and is the result of a €250,000 investment by the company.

Paradyn said it will give its customers a complete view of their infrastructure and the cyber threat landscape. 

Over the next two years, the company expects to generate an additional €2.5m revenue from the services enabled by the Paradyn TotalView Operations Centre.

The investment also includes the full fit out of a dedicated security and networks operation centre at Paradyn's headquarters as well as the creation of five new security analyst roles.

Rob Norton, the company's chief technical officer, said that cybercriminals are thriving in the Covid-19 remote working world and businesses are experiencing significant increases in remote access, phishing and social engineering threats. 

"Criminals are targeting weak security on personal devices connected to company networks and we have seen several instances where they have targeted corporate and sensitive financial data, such as banking information, login credentials, as well as personal data," he added.