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What are the benefits of using One-Time Password (OTP) codes for authentication and security purposes?

One-time password

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Using One-Time Password (OTP) codes for authentication and security purposes offers several benefits. OTPs enhance data security by mitigating common attacks like brute force and replay attacks. They provide a dynamic layer of security compared to static passwords, reducing the risk of unauthorized access. OTPs also improve user authentication by frequently changing passwords, making them a robust alternative to traditional static passwords. Additionally, OTP systems can be further secured by incorporating additional layers of protection, such as performing intermediate mathematical calculations before OTP usage. Furthermore, OTP-based authentication systems reinforce security measures, ensuring data protection and reliable access control. Overall, OTPs enhance security, prevent common attacks, and offer a dynamic and reliable authentication method for various applications.

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Patent An access authentication system using onetime password for enhancing security Shin Ho Chul, Kim Dae Ok, Lee Jae Guk, Yeom Chang Ju - Show less +3 more 01 Sep 2020	One-Time Password (OTP) codes enhance security by eliminating access control inconvenience, utilizing existing user equipment, and providing strong control similar to traditional access control systems.
Proceedings Article•DOI Performance Evaluation of a new one-time password (OTP) scheme using stochastic petri net (SPN) Razib Khan, Jonayet Miah - Show less +1 more 06 Jun 2022 1 Citations	One-Time Passwords (OTPs) enhance security by frequently changing passwords, reducing vulnerability to attacks. The proposed OTP scheme in the paper improves performance without burdening server-side verification.
Open access•Journal Article•DOI Authentication Key-Exchange Using SMS for Web-Based Platforms Benedicto B. Balilo, Jayvee Christopher N. Vibar - Show less +1 more 02 Aug 2021-Journal of Computational Chemistry 1 Citations	One-Time Password (OTP) codes offer protection against brute force, replay, and shoulder attacks, enhancing security for login credentials and safeguarding confidential information on web-based platforms.
Open access•Journal Article•DOI Securing One Time Password (OTP) for Multi-Factor Out-of-Band Authentication through a 128-bit Blowfish Algorithm 17 Apr 2022-nternational journal of communication networks and information security	One-Time Password (OTP) codes enhance security by requiring something users know (password) and have (OTP) for access, reducing risks of unauthorized entry, as highlighted in the paper.
Proceedings Article•DOI Internet of Things (IoT) Authentication and Integrity Model using MBTSKHF One Time Password (OTP) Sara El-Sayed Khater, Basheer Abd Elfattah Youssef, S El-Gamal - Show less +2 more 21 Oct 2022	Using One-Time Password (OTP) codes enhances IoT security by preventing password weaknesses and unauthorized access. The MBTSKHF OTP model in IoT ensures high-level security with shorter key size and prevents multiple connections for authentication.

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