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 token?
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
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.