Final answer:
The statement is true; sending emails to obtain personal information is known as phishing, which is a tactic used by cybercriminals to commit identity theft or True-name Fraud. Users must be vigilant when receiving emails from unknown sources and refrain from clicking on suspicious links.
Step-by-step explanation:
True, sending e-mails to lure people into revealing personal information is a technique known as phishing. This is a common method used by cybercriminals to deceive individuals into providing sensitive data such as usernames, passwords, credit card details, and social security numbers. Phishing attacks frequently involve sending emails that appear to be from reputable sources, enticing unsuspecting recipients to click on malicious links or to divulge personal information.
Phishing can lead individuals to become victims of identity theft, also known as True-name Fraud. The consequences of falling for such scams can include significant financial loss and long-term damage to one's credit standing. As internet usage increases, so does the risk of encountering these types of cyber threats. It's essential for internet users to be critical readers of all emails and to be wary of offers that seem too good to be true, like those from a purported displaced Nigerian prince.