Finding out you're a data breach victim is bad enough. But the process of canceling credit cards and checking statements for suspicious activity will likely be an even bigger headache.
Capital One is the latest bank to offer a possible solution to fraud and online shopping scams: merchant-specific virtual card numbers.
Virtual card numbers are temporary, randomly generated digits used in place of real account numbers. Because virtual cards don't require users to share their actual debit or credit card numbers, they're meant to make online shopping safer.
But whether creating a virtual credit card is worth your time is debatable. Some experts question whether certain virtual cards make shopping online more secure.
"If they're billing this as a security solution, I don't think of it as a security solution," says Joseph Carrigan, a senior security engineer at Johns Hopkins University about Capital One's new virtual card numbers. "I think of it as a convenient solution."