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You will prepare and submit a term paper on Electronic Identity Threats. Your paper should be a minimum of 1500 words in length. The Internet has become the fastest-growing technology. As the Internet continues to evolve, threats related to hacking and security breaches are protected by cryptographic protocols but electronic identity theft has risen. According to the statistics available on ‘CIFAS’, identity fraud has taken a stride forward with the increment of 10% in the first nine months of 2010 as compared to the year 2009, the imitation has augmented to 18.38% from the same period in the year 2009(, CIFAS calls for unified action to tackle identity fraud – CIFAS Online ). Data stolen by cybercriminals are trade-in or being sold to the other parties for financial gain. Identify theft is defined as the confidential information of an individual is used to trade in for money by means of fraud. The impact of this threat occurs on the person who has opened a bank account or registered on any website for any purpose providing full name, address, birth date and other relevant information. The attacker can use the information of user identity for obtaining money or goods by fraud.

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