Credit card security

I received a letter from “Network Solutions LLC” claiming they had a security breach and some transactions made via “a web merchant” “may” have been compromised on a particular date. I only had one transaction with a “web merchant” on the date they list with that card. I wonder if this letter is entirely legitimate since it seems pretty desperate to convince me to sign up for a “free credit monitoring” period — but that doesn’t seem like a useful response to a single card number being compromised. Furthermore, I’d expect that the credit card issuer was also notified and their usual response to this kind of thing is “cancel all the cards and issue new ones” and that didn’t happen. Though maybe they didn’t bother because that card had already expired by the time “Network Solutions LLC” reported the breach.

Nevertheless I’m looking over statements since that date more carefully than usual to see if there’s any fishy transactions.

It’s not the same card as the one a credit card provider recently replaced mysteriously due to “a security breach with a merchant” that they naturally didn’t explain. That is the kind of behavior I expect from a bank.

I suspect that credit card companies aren’t interested in increasing the security of cards because paying for the fraud is cheaper than the lost sales due to lower convenience.

Of course, every time I get a new card number I would have to go change the umpty-jillion places that have the card number for automatic billing if most of those places didn’t have single-merchant numbers. This is a case where the issuer with the capability to issue single-merchant card numbers wins. I’ll probably switch the rest of them over next time the card number from the company that doesn’t support single-merchant numbers gets compromised.