Final answer:
Precisely targeted attacks using personal information are called phishing or spear-phishing, while identity theft is referred to as 'True-name Fraud'. With increased online activity, online privacy and security concerns are at an all-time high due to the potential for widespread data breaches.
Step-by-step explanation:
Precisely targeted attacks, usually customized based on personal information, are referred to as phishing or spear-phishing when they are specifically targeted to an individual. Attackers often use various methods, including baiting with links and leveraging obtained personal information, to trick individuals into divulging more sensitive data.
Identity theft, sometimes known as 'True-name Fraud', is another serious issue where an individual's personal and financial information is wrongfully obtained and used without their permission, leading to financial losses and unauthorized transactions.
The escalation in online activity has raised concerns about online privacy and security. Large-scale data breaches at major corporations, financial institutions, and government sites have amplified the risk of personal information being compromised, making it a significant concern for individuals and organizations alike.