Users of connected devices (IoT) have been increasing in popularity since the existence of the Matter standard. Almost all manufacturers support Matter which allows thousands of IoT devices to be used without any compatibility issues. But at the same time, many users are too lazy to change the passwords of each of their IoT devices which leaves them vulnerable to cyber attacks.
The United Kingdom this week became the first country in the world to pass legislation banning manufacturers from using default passwords for easy-to-guess IoT devices. If manufacturers fail to comply with this bill they can be fined up to £10 million or 4% of annual revenue whichever is higher.
Usually the default password used is easy to press such as password, Admin and 123. After this the password needs to be more unique to ensure the user's security will not be easily threatened by hackers. In addition to the UK, the European Union (EU) will also enforce the same bill later this year.