Many credit cardholders have become victims of identity theft. Statistics have shown that the number of identity theft victims is increasing at an alarming rate. Identity theft protection could be a personal solution to this crisis. You could protect yourself from identity theft by hiring the services of professionals who are dedicated in providing identity theft prevention. These services notify you via email as soon as there are changes made to your account. They also prompt you to take immediate action by placing a fraud alert in your account or freezing it so that the identity thief will not benefit from your information anymore.