With the slew of online security breaches that have hit major U.S. companies and organizations, American citizens are increasingly concerned about catastrophic cyber attacks. Some people believe these online threats are primarily targeted at large infrastructures and not individuals – but that is not the case. The constant shift of online security procedures from commercial banks prove that cybercriminals do not discriminate. In fact, identity theft, the act of stealing someone’s identity to gain access to their personal assets and finances, is one of the fastest growing crimes in America. More than 15 million U.S. residents are victims of identity theft each year, leading to $50 billion in personal losses.