Internet banking today uses ______ which, apart from using a secure website, sends a credential sent to the customer's registered mobile number as an additional security factor to make the transaction more secure.
5Q:
Internet banking today uses ______ which, apart from using a secure website, sends a credential sent to the customer's registered mobile number as an additional security factor to make the transaction more secure.
- 1Open Transaction Passwordfalse
- 2Open time passwordfalse
- 3One-Time Passwordtrue
- 4PDFfalse
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- Workspace
Answer : 3. "One-Time Password"
Explanation :
1. The full form of OTP is One one-time password.
2. OTP is used as one of the additional security features for secure online transactions.
3. The OTP feature prevents certain types of identity theft by ensuring that a captured username/password pair cannot be used a second time.
4. The user's login name usually remains the same, and the one-time password changes with each login.
5. One-Time Password (aka One-Time Passcode) is a form of strong authentication, providing better security to eBanking, corporate networks, and other sensitive data systems.