What is a One-Time Password (OTP)?

What does OTP stand for?

A one-time Password (OTP) is kind of password this is legitimate for only one use.

It is a steady manner to offer get right of entry to to an Software or carry out a Transaction only one time. The password turns into invalid after it's been used and can not be used once more.

What Does One-Time Password Mean?

A OTP is a safety approach that offers safety against diverse password-based Attacks, specially password sniffing and replay assaults.

It presents Greater more suiTable protection than Static passwords, which stay the equal for a couple of login periods. OTP works through randomness Algorithms that generate a brand new and random password on every occasion they're used.

The algorithm always uses random Characters and Logos to create a password so that a Hacker/Cracker can not guess the future password. A OTP Makes use of numerous strategies to create a password, inclusive of:

• Time-Synchronization: The password is legitimate for simplest a short time period.
• Mathematical Algorithm: The password is generated the use of Random Numbers processed within an algorithm.