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What is one-time-password?

In connection with the previous article about the importance of strong passwords and 2-factor authentications we felt the need to dig a little deeper into the topic of OTP (One Time Passwords), and write about time based one-time password (TOTP) and HMAC based one-time password (HOTP) algorithms. As we explained earlier, during 2-factor authentications there are 2 tokens to be provided: one we are all familiar with is the username and the password, while the other one is a secret token that is not known to the public. When it comes to the 2nd factor of authentication mechanisms, usually OTP is used as a protective mechanism.

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The importance of secure passwords and two-factor authentications

12345, Password, Qwerty: is one of these words familiar to you? Perhaps you use them as real-life passwords in your everyday routine for your Facebook, Gmail, computer or cloud storage system? But is it worth having easy-to-remember phrases to guard all your personal information? Weaker passwords mean an easier way to enter your account not only for you but for hackers as well.

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