COMPARATIVE STUDY ON ONE TIME PASSWORD ALGORITHMS

Web applications play a major part in our day to day life. Every human being use computers for their transactions using web applications. Even personal information's are stored in government websites. Banks are using web applications for the transactions. Due to lack of security lot of frauds are occurred every day. So, security issue is an important issue in our digital life. One time pass word is the solution for this issue. Many algorithms are used to generate OTP. Every algorithm has its own pros and cons. This study analyse seven algorithms and suggest the best OTP generation algorithm using various aspects.