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February 10, 2022

Hopkinton financial equipment provider boosts cybersecurity

Staff photo Raytheo's Marlborough offices

New England Money Handling Systems, an automated equipment provider for the financial sector based in Hopkinton, entered into an agreement for cybersecurity services with Raytheon Intelligence & Space, a business unit of the  Waltham-based Raytheon conglomerate. Raytheon Intelligence & Space, based in Arlington, Virginia, has a plant in Marlborough. 

The agreement between the two companies encompasses a broad range of offerings, including a multi-dimensional security operations center, vulnerability assessments, penetration testing, and cybersecurity framework assessments.

The goal of the collaboration is to improve cybersecurity for both financial services and financial institution customers.

“New England Money is committed to providing value and improving our services to financial institutions nationwide. Our engagement with Raytheon Intelligence & Space provides excellent options for our customers to help protect themselves and their clients,” said Emo Monterastelli, senior vice president and chief operating officer of New England Money Holding Systems.
 

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