Results for tag: "One Time Password"

The One Time Password (OTP) market is a subset of the IT Security industry. OTPs are a form of authentication that are used to verify the identity of a user. OTPs are generated by a server and sent to the user via a secure channel, such as email or SMS. The user then enters the OTP into the system to gain access. OTPs are considered to be more secure than traditional passwords, as they are only valid for a single use and cannot be reused. OTP technology is used in a variety of industries, including banking, healthcare, and government. OTPs are also used to protect online accounts, such as email and social media. Some companies in the OTP market include Authy, Duo Security, Google Authenticator, and Microsoft Authenticator. Show Less Read more