A low-cost attack on a Microsoft captcha

CAPTCHA is now almost a standard security technology. The most widely deployed CAPTCHAs are text-based schemes, which typically require users to solve a text recognition task. The state of the art of CAPTCHA design suggests that such text-based schemes should rely on segmentation resistance to provide security guarantee, as individual character recognition after segmentation can be solved with a high success rate by standard methods such as neural networks.