Questions tagged [otp]

SakuraWhisper Thu Oct 10 2024 | 5 answers 966

I'm trying to understand the downsides of using OTP, or One-Time Password. I want to know the potential drawbacks or weaknesses that come with this authentication method.

henry_rose_scientist Thu Oct 10 2024 | 6 answers 1423

I'm concerned about the security of my OTP. Is it possible for someone to steal my OTP and use it for unauthorized access? I want to know if my OTP can be compromised.

EthereumEmpire Wed Oct 09 2024 | 6 answers 1571

Can hackers really intercept One-Time Passwords (OTPs) that are commonly used for added security in financial transactions and cryptocurrency exchanges? With the increasing sophistication of cyber attacks, it's a valid concern for many users. OTPs are designed to provide an extra layer of protection by generating a unique, one-time code that expires quickly. But are they truly invulnerable to hackers? Could they potentially be intercepted through phishing scams, malware infections, or even more advanced techniques like man-in-the-middle attacks? Understanding the risks and limitations of OTPs is crucial for staying SAFE in the digital age.

Giulia Wed Oct 09 2024 | 6 answers 1761

Could you elaborate on the potential risks associated with One-Time Passwords (OTP) in the context of cryptocurrency and financial transactions? How might a malicious actor exploit weaknesses in OTP systems, and what measures can users take to mitigate these risks?

ShintoMystical Sun Aug 25 2024 | 6 answers 1025

Excuse me, could you please clarify what OTP stands for in the context of cryptocurrency and finance? I've come across this term a few times but haven't quite been able to pin down its exact meaning. Is it related to security measures or perhaps a specific type of transaction? Your explanation would be greatly appreciated.