Kevin Gosschalk, founder and CEO at Arkose Labs, and other security industry leaders, see the recent rash of cybersecurity attacks as more opportunistic than sophisticated. In an interview with The Green Sheet
, Gosschalk suggested consumers and business owners give too much credit to fraudsters, whom he described as low-level operatives.
"Criminals are bulk-creating accounts to purchase expensive items, which they ship to themselves and resell at a markup," Gosschalk said. "To get the best return on investment, they automate the process with software and scripts to do this 10,000 times an hour, as opposed to doing it by hand."