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Event-based Security Token is also used to produce dynamic codes for secure two-factor authentication. Unlike the time-based security tokens, the dynamic codes are generated based

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Event-based Security Token is also used to produce dynamic codes for secure two-factor authentication. Unlike the time-based security tokens, the dynamic codes are generated based on encryption of randomly generated "challenges". The produced outputs are called "responses" and used as the second factors" for strong two-factor authentication, as illustrated in the following figure

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