“With cross-channel fraud, a fraudster steals personal information about a user from one channel, and then uses that information to commit fraud in another. Here’s an example. Fraudsters frequently use social engineering scams to trick a user into granting access to an online account, like a banking account. Once in, the fraudster has easy access to a user’s connected credit card information. Fraudsters copy the user’s credit card number and its expiration date. From there, it’s a simple next step to card-not-present fraud. With basic credit card information, fraudsters can make purchases online, racking up thousands in charges.”