Kerberos is a network authentication protocol that uses 'tickets' to enable secure communication between nodes in a non-secure environment, developed at MIT and utilized in Windows and Unix systems. It provides Single Sign-On (SSO) services through a complex authentication process involving a Key Distribution Center (KDC) and ticket granting mechanisms, with limitations in web environments addressed by the SPNEGO protocol. Despite its effectiveness in intranets, Kerberos poses challenges such as being a single point of failure and restrictions in scenarios involving external clients.