Question: In online banking applications, users generally need to input a one-time password in addition to their username and password. (a) Identify the security objective of

In online banking applications, users generally need to input a one-time password in addition to their username and password.

(a) Identify the security objective of using a one-time password. Discuss at least two (2) security requirements for one-time passwords.

Step by Step Solution

★★★★★

3.45 Rating (161 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Security Objective of Using a OneTime Password Security Objective The primary objective of using a o... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Banking Questions!

Q:

THIRD AVENUE SOFTWARE HEALTH-CARE APP PROJECT This case is new for the ninth edition of Information Technology Project Management . The case provides an opportunity to apply agile and Scrum...

Q:

Case Study: Quick Fix Dental Practice Technology requirements Application must be built using Visual Studio 2019 or Visual Studio 2017, professional or enterprise. The community edition is not...

Q:

Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...

Q:

There are two problems due this week (each worth 35 points) as follows. Case 5-1David L. Miller: Portrait of a White-Collar Criminal (page 144). In comprehensive paragraphs, answerrequirements 1?6....

Q:

Describe the types of cybercrimes facing organizations and critical infrastructures, explain the motives of cybercriminals, and evaluate the financial Explain both low-tech and high-tech methods...

Q:

Read all the materials below and answer the questions: (Please do not attempt to solve if you can not answer all!!!!) 3-1: Chapter 8: Language Barriers and Translation Precautions This chapter starts...

Q:

I would like assistance with assignment 3 and 4 on the attached document I have been struggling with the subject and its my last AUI4863/102/0/2016 Tutorial letter 102/0/2016 ADVANCED INTERNAL AUDIT...

Q:

IntroductionThe importance of the internet in our lives has grown, and digital technologies have become an integral part of our daily routines. With the increased reliance on the internet, new...

Q:

SECURITY MANAGEMENT PRACTICES The current study will discuss two instances of user experiences with online banking as an example for discussion. Due to a strong need for security, online banking has...

Q:

SECURITY MANAGEMENT PRACTICES The current study will discuss two instances of user experiences with online banking as an example for discussion. Due to a strong need for security, online banking has...

Q:

The central department statistics information (CDSI) in K.S.A only collects unemployment data once per year. As a result, it was 8 months until K.S.A realized that a recession had started. Which of...

Q:

You wish to design an X-band imaging microwave radiometer for a speed craft at 385 km(ground speed is 7.24 km/sec? a) Determine the frequency. What is a wavelength in mm? b) What is antenna diameter...

Q:

what are the most important issues surrounding under armour in 2 0 0 9

Q:

Using NPV and profitability index to make capital investment decisions Use the NPV method to determine whether Hawkins Products should invest in the following projects: Project A: Costs 5285,000 and...

Q:

Aluminum Building Products Company (ABPC) is considering investing in either of the two mutually exclusive projects described as follows: Project 1. Buying a new set of roll-forming tools for its...

Q:

Conduct research on Dell Computers and discuss the benefits of the direct sales model developed by Michael Dell. Are there inherent disadvantages to the direct model? Are there industries in which...

Q:

You have been asked by the management of My Bag Ltd to assist with the preparation of the income tax entries for the year ended 30 June 2017. The company reported a profit before tax for the year to...

Q:

4. Determine the molecular mass of the following compounds: (Stote the atomic mass of each atom you are using for each solution)

Q:

What are the three things that will help Alex get his plant closer to "the goal?"Question 2Select one or more:a.increase throughputb.increase inventoryc.hire temporary workersd.keep everyone...

Q:

A federal agency signed a 15-month contract for $445,158 for a human resources/payroll system. After 28 months and no usable software, the agency canceled the contract and withheld payment for poor...

Q:

Mary Smith is the bookkeeper for Daves Distributing Company, a distributor of soft drinks and juices. Because the company is rather small, Mary performs all daily accounting tasks herself. Dave, the...

Q:

For each of the following independent cases of employee fraud, recommend how to prevent similar problems in the future. a. Abnormal inventory shrinkage in the audiovisual department at a retail chain...

Q:

The Airline Passenger Association studied the relationship between the number of passengers on a particular flight and the cost of the flight. It seems logical that more passengers on the flight will...

Q:

Refer to the Real Estate data, which reports information on homes sold in Goodyear, Arizona, last year. a. Let selling price be the dependent variable and size of the home the independent variable....

Q:

Refer to Exercise 5. Assume the dependent variable is number of crimes. a. Determine the regression equation. b. Estimate the number of crimes for a city with 20 police officers. c. Interpret the...