One-time Password Definition
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One-time passwords can be used for only one authentication process in order to gain access to a system. By using one-time passwords, the probability of an attack relying on the interception and replay of network traffic is lessened because a previously valid password will not be accepted on a second or following round. One-time passwords are typically used in security-critical environments in which clear-text passwords continue to be used.
Webster's New World Hacker
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