this post was submitted on 09 Sep 2024
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It is insane that any internet banking portal still uses a static password.
wdym? What's a dynamic password?
A rotating code key - a lot of banks these days will give you a fob to enter a rotating proof of ownership off of along with your password.
Time-based one-time passwords. It's been used for years for multi-factor authentication.
https://en.wikipedia.org/wiki/Time-based_one-time_password
Yeah, multi factor, that means you still have a regular password as well as the totp.
that was one example of where they are used lol
A token?
At least it should not, in many countries must not, be the only measure.
I once encountered an OR in the requirements: Capital letters, small letters and digits OR special characters.