A new law will make weak default passwords illegal. Hardly surprising when you consider the world’s most commonly used password is “123456”…closely followed by “password”.
After next year, any manufacturer planning to sell in California will be forced to programme a unique default password into every single device they make. Default passwords such as “admin”, “qwerty” and “letmein” will be illegal in the state from January 1, 2020.
The Information Privacy: Connected Devices Bill states that any customer who falls victim to hackers can sue manufacturers who fail to comply.
Sthaler was formed to find a new way to pay. The company worked with music festival industry to develop a cashless, card-free payment system that was available to everyone. Sthaler developed Fingopay, using VeinID technology, in partnership with Hitachi. Their registered customers use it to pay in bars, restaurants and shops.
Blue Star Capital PLC (LON:BLU) is an investing company with a focus on new technologies. Blue Star’s investments include a 1% holding in Sthaler.