The film is being helmed by John Moore.
Brosnan, 62, plays Mike Ryan, a self-made businessman, whose company is on the verge of changing the aircraft-leasing business when his relationship with a young tech consultant (Frecheville) sours, reported Deadline.
The dude begins stalking Mike's daughter (Stefanie Scott) and using technology to threaten his family, his business and his life.
Friendly Films and Brosnan's Irish DreamTime are producing "IT", which was scripted by Dan Kay and William Wisher Jr.
The film is in preproduction in Dublin.
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