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What is one of the concerns associated with e-banking?*1 pointa) Lack of customer supportb) Excessive bank branchesc) Low interest ratesd) Minimal security measures

Question

What is one of the concerns associated with e-banking?*1 pointa) Lack of customer supportb) Excessive bank branchesc) Low interest ratesd) Minimal security measures

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Solution

One of the concerns associated with e-banking is d) Minimal security measures. This is because online transactions can be vulnerable to hacking, identity theft, and other forms of cybercrime. Banks do implement security measures such as encryption and two-factor authentication, but the risk cannot be completely eliminated. Therefore, security remains a significant concern in e-banking.

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