The US is facing a significant strategic threat from China through economic and espionage activities, including the theft of research, influence over American discourse, and targeting of Navy contractors. Chinese hackers have also infiltrated companies worldwide with advanced malicious software to extract information, while a bug in Microsoft's login system could be exploited to gain access to someone's account. Additionally, popular avatar app Boomoji exposed personal data of its entire user base due to poor password management, and a report from Bugcrowd found that many ethical hackers have full-time jobs in cybersecurity.