Lobby Track Desktop contains default administrative credentials. An attacker could exploit this vulnerability to gain full access to the application.
The software initializes or sets a resource with a default that is intended to be changed by the administrator, but the default is not secure.
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Developers often choose default values that leave the software as open and easy to use as possible out-of-the-box, under the assumption that the administrator can (or should) change the default value. However, this ease-of-use comes at a cost when the default is insecure and the administrator does not change it.