General Knowledge · Cyber Security and Banking Technology
What is the primary function of Secure Sockets Layer (SSL) Technology in the context of Internet banking?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To settle electronic funds transfer transactions in hourly batches.
- 2To ensure a safe, encrypted connection between a user's web browser and the bank's server.✓
- 3To facilitate secure communication of financial transactions globally between financial institutions.
- 4To require users to authenticate their identity using multiple factors such as passwords or biometrics.
Correct answer
To ensure a safe, encrypted connection between a user's web browser and the bank's server.
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