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Many organizations today are seeking to improve security by implementing multi-factor authentication, i.e. authentication requiring more than one independent mechanism to prove one's identity. One-time passwords in the form of hardware tokens in combination with conventional passwords have emerged as the predominant means in high security environments to satisfy the independent identification criteria for strong authentication. However, current popular public one-time passwords solutions such as HOTP, mOTP, TOTP, and S/Key depend on the computational complexity of breaking encryption or hash functions for security. This thesis will present an efficient and information-theoretically secure one-time password system called Shamir-OTP that is based upon secret sharing techniques.