Private equity firm Sycamore Partners’ acquisition of Walgreens Boots Alliance is drawing attention due to the high level of debt financing involved. Non-profit watchdog Private Equity Stakeholder Project (PESP) has raised concerns about the potential risks, including increased bankruptcy, jeopardized patient care and job insecurity. PESP also highlights Sycamore’s history of bankruptcies at its portfolio companies.
New MassJacker malware targets piracy users, steals crypto
A newly identified cryptojacking malware known as MassJacker is attacking piracy users, hijacking their crypto transactions, and replacing stored addresses, according to cybersecurity firm CyberArk.
