ForeSite Insight

E-Rumors: Fact or Fiction

We've all received those emails from friends or co-workers, claiming to be of the utmost importance, and that we must forward on immediately to everyone we know to be rewarded or prevent some new impending threat. The Internet is a great source for information, but just as in life, some of the news we receive may not be the entire truth. Websites like truthorfiction.com help decipher the deceitful eRumors that should be dismissed without a second thought, from those that provide truly beneficial information. With so many chain emails being passed around, it’s difficult to know just which are worth forwarding, so here are a few examples of some of the most common email forwards around today, and if they are Fact, Fiction, or a little of both.

Reverse ATM will contact police- Fiction
Sample Reverse ATM pin Email
This email claims that if you enter your pin number backwards into an ATM machine, it will automatically notify authorities that you are in need of assistance. Though this technology does indeed exist, it has yet to be deployed by any major banking institutions hence keeping this email in Rumor status.

Free Ericsson Laptops – Fiction
Sample Ericsson Laptop Email
Like many eRumors, this one claims that by forwarding the email, you will receive a free product. An updated version of a previously circulated hoax, the enticement of a free laptop has now replaced the appeal of the free cell phone gimmick. The prankster however left much of the email content in place which is apparent as the Ericsson T18 and the Ericsson R320 are discontinued cell models.

Lock Bumping – Fact
Sample Lock Bumping Email (*Note: Video may take a few minutes to load)
This email contains a video link showing what Lock Bumping is and how easily it can be done. This once, little known fact amongst criminals, has become increasingly note worthy as it makes its way around the Internet. Unfortunately by warning potential victims about the inner workings of this scheme, more and more felons are familiarizing themselves with the lock picking method as well. This cautionary email provides home and business owners alike an eye-opening description of how easily one can become a victim. About.com offers safety tips against lock bumping.

Things you never knew your cell phone could do- Mostly fiction, with a touch of fact
Sample Things you never knew your cell phone could do Email
One of the most widespread emails being passed around today, this list of eRumors offers what seems to be some great information on new uses for your cell phone, but in reality the majority of the content just isn’t worth forwarding as it isn't true. Here's the truth about what your cell phone can and can't do.

Dial 112 for Emergency Support Worldwide - Fiction
Used in much of Europe, dialing 112 in North America or most of Asia and Africa won’t connect you to emergency support, keeping this “worldwide” emergency number just another rumor.

Use your cell to unlock your car if you have Remote Keyless Entry- Fiction
Cell Phones and Remote Keyless entry systems actually work on completely different radio frequencies, so nothing factual about this one either.

Increase the Battery Power on your phone- Fiction
If you have a Nokia phone, *3370# may work for you, but not to increase your battery life. In actuality, this number enhances voice quality which in turn actually works by diminishing battery performance.

Disable your phone if it is stolen- Mostly Fiction
Though it may work for some phones, in reality if your phone is stolen, your best bet is to call your service provider, and report your phone as stolen.

Free 411 Connect – Fact
Depending on your plan, you may still be charged for the minutes used to make the call, but by dialing (800) FREE 411, you can avoid the hefty additional 411 charges. Of course, there is still a catch to this one, as you will have to remain on the line through a number of advertisements before you get assistance.

---

Identity Theft is on the Rise

Identity theft is the fastest growing crime in America. Internet hackers are getting savvier in ways to con the innocent out of their finances by stealing their identity. If you think you’re safe from falling prey to these criminals, check out these startling facts.

• Within the past year over 15 million Americans were victims of identity theft.

• Identity theft has increased 50% since 2003.

• People between the ages of 30 and 39 represent the highest number of victims.

• In 2006, the average loss per victim was $3,257.

• Percentage of funds able to be recovered decreased 26% from 2005 to 2006.

• The average victim spends over $1,000 and more than 150 hours trying to repair their credit.

For preventative measures you can take to keep from becoming a part of these statistics, check out ForeSite’s Only YOU should be you: 11 Tips for avoiding identity theft.