admin Staff asked 3 weeks ago
Table of Contents
What is a One Time Password ?
One Time Password sms or OTP sms is a string of characters or numbers automatically generated
to be used for one single login attempt. One-Time Passwords will minimize the risk of fraudulent login attempts and thus the risk of stolen data. The risk of fraud is drastically reduced if the user hasn’t only to fill in his username and password (something he knows) but also needs something he “has” to complete the login. This ‘something’ can be the user’s phone. OTP’scome in all shapes and sizes but always add an extra layer of authentication.
Why Would You Use One-Time Passwords?
The general idea of a Time Password is to add a second layer of authentication in order to stay ahead of cybercrime and protect your organization against the catastrophic effects of fraud on your business.
The risk of fraud is drastically reduced if the user doesn’t only have to fill in his username and password (something he knows) but also needs something he “has” to complete the login. This ‘something’ can be the user’s phone. OTPs come in all shapes and sizes but always add an extra layer of authentication
One-Time Password Examples
One Time Password as SMS Message
“your otp is 54365”
Originally, most OTPs were sent as SMS messages. Once the user has begun his login attempt, filling in his username and the correct password, an SMS OTP is sent to the mobile number connected to his account. The user then enters this code shown on this phone on the login screen, completing the authentication process.
One-time passwords are beneficial to the following industries:
One Time Passwords are used by businesses who are seeking to secure their data against remote attacks where credentials can be exploited, such as:
- Banking and Finance
- Government
- Defense
- Consumer electronics
- Commercial Security
- Travel and immigration
- Healthcare
Who Provide OTP SMS API Integration Service ?
Company – Mobonair India Solutions
Business Type – Telecom Service Provider For sms API Document & Integration
Services – Transactional Message API , Promotional message , Whatsapp API For OTP Service