The success of E-banking depends upon: 1. Multi-layer Security System 2. Risk and Surveillance Management 3. Updated Flawless Software 4. Stringent Legal Frame-work

1 and 2
1, 2 and 3
2, 3 and 4
All of the above

The correct answer is D. All of the above.

E-banking is a convenient and efficient way to manage your finances, but it is important to be aware of the risks involved. To ensure the success of e-banking, it is important to have a multi-layer security system in place, to manage risk and surveillance, to use updated flawless software, and to have a stringent legal framework in place.

A multi-layer security system is essential to protect your online banking accounts from fraud and identity theft. This system should include a combination of factors, such as strong passwords, two-factor authentication, and fraud detection software.

Risk and surveillance management is also important to ensure the success of e-banking. This involves monitoring your accounts for suspicious activity and taking steps to protect your accounts if fraud is detected.

Updated flawless software is essential to ensure the security of your online banking accounts. Software that is not up-to-date can have vulnerabilities that can be exploited by hackers. It is important to keep your software up-to-date and to install security patches as soon as they are released.

A stringent legal framework is also important to ensure the success of e-banking. This framework should protect consumers from fraud and identity theft, and it should hold banks accountable for the security of their customers’ accounts.

By taking these steps, you can help to ensure the success of e-banking and protect your financial information.