Catch up quick

@ D.C.

🚨 The Biden administration is weighing new sanctions on a Chinese cybersecurity firm that it claims hacked U.S. telcos at the direction of Beijing. (Washington Post)

🏥 Hospitals and health care providers say the Biden administration's overhaul of a touchstone health privacy law is unworkable and too expensive to follow. (Axios)

📲 Here's what will likely happen to TikTok in the U.S. on Sunday, unless the Supreme Court pauses a forthcoming ban. (Axios)

@ Industry

💰 Chainalysis has acquired AI-agent security startup Alterya, reportedly for $150 million. (Business Insider)

👀 Tech industry players are hopeful that the incoming Trump administration will make changes to new export controls unveiled yesterday targeting advanced AI chips and models. (Axios Pro)

@ Hackers and hacks

📚 Parents, students and teachers whose data was exposed in the recent PowerSchool breach have little recourse to protect themselves from identity theft. (Axios)

🔍 Microsoft is investigating a multifactor authentication outage that's keeping customers from accessing their Microsoft 365 Office apps. (BleepingComputer)

👀 The December ransomware attack against Rhode Island's social services agency affected data tied to 657,000 individuals. (Cybersecurity Dive)