Discuss the key features of the one-time password technique:


The one-time password was designed to overcome the problems associated with reusable passwords.
The user's password changes continuously.
This technology employs a credit card-sized smart card that contains a microprocessor programmed with an algorithm that generates, and electronically displays, a new and unique password every 60 seconds.
The card works in conjunction with special authentication software located on a mainframe or network server computer. Each user's card is synchronized to the authentication software, so that at any point in time both the smart card and the network software are generating the same password for the same user.

Business

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