Final answer:
Impostering is the use of fraudulent communication, such as an e-mail, to trick someone into revealing personal information.
Step-by-step explanation:
The statement is true.Using a fraudulent communication, such as an e-mail, to trick the receiver into divulging critical information such as account numbers, passwords, or other identifying information is called impostering. This is a common method used by cybercriminals to carry out identity theft and gain unauthorized access to personal or financial information.The term given in the question for using fraudulent communication, like an email, to trick the receiver into divulging critical information such as account numbers and passwords, is incorrect. The correct term for this type of mobile banking security risk is phishing, not impostering. Phishing attacks are a form of identity theft where the attacker poses as a trustworthy entity to acquire sensitive information from victims. This ties into broader concerns of identity theft, where criminals use someone's personal information, such as Social Security numbers and credit card details, to commit fraud.
Victims of identity theft may face drained bank accounts or unauthorized purchases under their name, resulting in financial loss and damaged credit history.Identity theft is a significant issue as our interactions and data sharing increase online, making us potential targets for scams and cyber crimes. Examples of such crimes include large-scale data breaches at major companies, where hackers access millions of people's personal information. To protect against identity theft, individuals should employ strong security measures like using strong passwords and PINs, using anti-virus software, and being cautious with suspicious emails, even those that seem to come from legitimate sources.