editPassword.py

import SoftLayer.API
from pprint import pprint as pp

apiUsername = ''
apiKey = ''

client = SoftLayer.Client(username=apiUsername, api_key=apiKey)


def updatePassword(server):
    passwordTemplate = {
        'id': server['operatingSystem']['passwords'][0]['id'],
        'softwareId': server['operatingSystem']['passwords'][0]['softwareId'],
        'password': 'hello'
    }
    pp(client['Software_Component_Password'].editObject(
        passwordTemplate, id=passwordTemplate['id']))


servers = client['Account'].getHardware(mask='mask[operatingSystem.passwords]')

for server in servers:
    updatePassword(server)