Catch up quick

@ D.C.

🚨 The Commerce Department is weighing a ban on routers from China-based manufacturer TP-Link, which account for 65% of the U.S. router market, amid growing hacking concerns. (Wall Street Journal)

🏛️ Congress approved $3 billion in new funding for the Federal Communications Commission's effort to rip and replace Chinese equipment from telecom networks. (Washington Post)

👋 Rob Silvers, undersecretary for policy at the Department of Homeland Security, left his post this week after giving notice before Thanksgiving. (The Record)

@ Industry

💰 Bureau, a fast-growing cybersecurity startup focused on user-identity fraud prevention, raised a $30 million round led by Sorenson Capital. (Reuters)

📲 The European Union has opened an investigation into TikTok following allegations that Russia used the platform to interfere in the Romanian presidential election. (Politico)

@ Hackers and hacks

⚠️ BeyondTrust, a popular privileged access management company, said that earlier this month, hackers breached some of its remote support SaaS tools. (BleepingComputer)

💸 North Korean hackers stole $1.34 billion worth of crypto during attacks this year, according to new Chainalysis research. (TechCrunch)

Editor's note: One of the summaries in this section was corrected to show Rob Silvers gave notice before Thanksgiving.