Is this email a hoax?

Hoax email is an email whose contents are designed to look genuine but are in fact, fraudulent or fabricated. It is sent with an intent to dupe or trick the recipient into believing that its authentic, but in reality it isn't. This is one of the most common tool that is used to extract "private" information from gullible or not conscious users who, thinking that the email is from an authorized/genuine source as claimed, disclose their sensitive information including social security number (SSN), credit card numbers, bank account details, username and passwords, etc. All online users MUST guard themselves against such attacks or trickery by remaining alert and validating the identity of the source before providing any sensitive or personal data to a virtual sender. By no means one should let their guard down else find themselves victim of identity thefts, fraud, etc.