What does a dynamic password do? What is a dynamic password?

Updated on Financial 2024-07-26
4 answers
  1. Anonymous users2024-02-13

    A dynamic password card is the carrier of a dynamic password. Each dynamic password card is covered with 30 different passwords. After you enable the OTP card, you need to enter the password on the OTP card in order when you make online banking transactions such as transfer and remittance, bill payment, and online payment, and each password can only be used once.

    A dynamic password is a dynamic password technology, that is, a different password is used for transaction confirmation each time a fund transaction is carried out in online banking. Therefore, your use of dynamic passwords can effectively prevent the security risks caused by "fake**" and "Trojan" viruses stealing online banking passwords, and improve the security of online banking transactions.

    After you purchase a OTP card for the first time, log in to Online Banking, enter the "Security Center" menu, select "OTP Token", and the system will display the OTP card registration page. Please enter the OTP card number and your transaction password twice, and click "Confirm" to register successfully. In the future, every time you log in to the online banking to make a transaction, you will use the password on the card in turn.

    Note: 1. Once your OTP card is successfully registered, the original transaction password cannot be used. If you want to use your trading password again, you need to use the Recover Static Password function to switch toggle;

    2. The last password of the dynamic password card can only be used to replace the card and restore the static transaction password, and cannot be used as a fund transaction.

  2. Anonymous users2024-02-12

    Generally used for transfer and remittance payment, there is no need for inquiry, and some banks also need to be like Everbright when logging in, and the bank will generally give an electronic port token, and it will be automatically displayed when you click on the boot button when you use it, and the displayed number is the dynamic password.

  3. Anonymous users2024-02-11

    Dynamic password is based on a special algorithm to generate a random number combination that cannot be used, each password can only be used once, is currently widely used in online banking, online games, telecom operators, e-commerce, enterprises and other application fields.

    Because of the uncertainty of dynamic password generation and the limited number of uses, it is one of the most secure identity authentication technologies now, and the dynamic password is convenient and fast to use, and has little relevance to the platform used, so it has gradually become the mainstream identity authentication technology.

  4. Anonymous users2024-02-10

    Dynamic password is based on a special algorithm to generate a random number combination that cannot be used, each password can only be used once, is widely used in online banking, online games, telecom operators, e-commerce, enterprises and other application fields.

    As one of the most secure identity authentication technologies, dynamic passwords have been used in more and more industries. Due to its ease of use and platform agnosticism, with the development of mobile Internet, dynamic password technology has become the mainstream of identity authentication technology, and is widely used in enterprises, online games, finance and other fields.

    There are more and more enterprises engaged in the R&D and production of dynamic passwords at home and abroad, and its advantage lies in the fast and seamless interoperability with various business systems.

    Safety hazards

    With the deepening of the informatization process and the development of computer technology, networking has become a major trend in the development of enterprise informatization. While people enjoy the many benefits brought by informatization, the issue of network security has become a common challenge faced by mankind in the information age, and the issue of network information security has become a top priority.

    In order to solve these security problems, various security mechanisms, strategies, and tools are studied and applied. However, even with the use of existing security tools and mechanisms, there are still significant security risks to the network.

    These security risks can be mainly boiled down to the following:

    1) Each security mechanism has a certain application scope and application environment.

    2) The use of safety tools is affected by human factors.

    3) The back door of the system is difficult to consider in traditional security tools.

    4) The attack methods of hackers are constantly updated.

    Core Values. (1) Provide established end-users with secure access to the core information of the enterprise.

    2) Reduce IT management costs related to passwords.

    3) Reduce the probability of forgetting passwords, no need to memorize complex passwords.

    The above content refers to Encyclopedia - Dynamic Password.

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