Solution
Configure Switch hostname as LOCAL-SWITCH
hostname LOCAL-SWITCH
Configure the message of the day as "Unauthorized access is forbidden" banner motd # Unauthorized access is forbidden#
Configure the password for privileged mode access as "cisco". The password must be md5 encrypted
enable secret cisco
Configure password encryption on the switch using the global configuration command
service password-encryption
Configure CONSOLE access [...]
line con 0
password ciscoconsole logging synchronous login history size 15 exec-timeout 6 45
Configure TELNET access [...]
line vty 0 15
exec-timeout 8 20 password ciscotelnet logging synchronous login history size 15
Configure the IP address of the switch as 192.168.1.2/24 and it's default gateway IP (192.168.1.1).
interface Vlan1
ip address 192.168.1.2 255.255.255.0
ip default-gateway 192.168.1.1