Define: Dynamic Password

Dynamic Password means a unique One Time Password (OTP) generated by a [device] for each unique [identifier]

Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI

Dynamic Password means a unique One Time Password (OTP) generated by a [device] for each unique [identifier].

Relevant Circumstances

  • Implementing a new software system
  • Establishing security protocols
  • Integrating service provider software

Relevant Sectors

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