Connect with us

Hi, what are you looking for?

FinancialSourceReport.comFinancialSourceReport.com

Tech News

The UK beefs up smart home security by going after bad default passwords

A collection of warning signs, bugs, and notifications emulating malware or a cyber attack. The images are placed in a connected web against a blue background.
Illustration by Carlo Cadenas / The Verge

The UK is doing away with bad default passwords. With updates to the country’s Product Security and Telecommunications Infrastructure Act (PSTI) that came into force today, regulators say that tech gadgets that can connect to the internet or a local wired network must either have a unique default password or be definable by the person who owns it.

Under the update, manufacturers will have to make it easy for people to report security issues. The PSTI also now requires them to give clear expectations for when those filing the reports can expect acknowledgment and status updates afterward. Violations of the law can result in fines as high as £10 million (about $12.5 million USD) or 4 percent of their “qualifying worldwide revenue,”…

Continue reading…

You May Also Like

Editor's Pick

Romina Boccia and Dominik Lett If you are congressional staff and you haven’t registered yet: Tomorrow, May 3, from noon to 1:15 P.M. EST, I will...

Tech News

Illustration by Alex Castro / The Verge Robinhood’s cryptocurrency division could soon be in trouble with the Securities and Exchange Commission. In an 8-K...

Tech News

Illustration by Aaron Fernandez for The Verge We found all sorts of gadgets and goodies to celebrate the class of 2024, from the practical...

Editor's Pick

On this video from StockCharts TV, Julius assesses the quality of the breakout in the S&P 500, using sector rotation on Relative Rotation Graphs,...