A method is provided for using an identity service for protecting identity information during an electronic transaction. The method includes registering an identity client, wherein the identity client possesses an associated multi-component identity. The method further includes regulating access to the multi-component identity such that the identity service authorizes dissemination of fewer than all components of the multi-component identity to an identity requestor. Additionally, a method for providing client identity repair protect a client from fraudulent distribution of electronically available client identity information. Upon detection of fraudulent distribution of identity information, a new identity reference is created and attempts to access an old identity reference are tracked. If the attempts to access the old identity reference are authorized, the attempts are re-directed to the new identity reference. However, if the attempts were unauthorized, access to the new identity reference is denied.