Image courtesy of CBS News
CBS News cites Arkose Labs CEO Kevin Gosschalk in its exclusive report on Google's federal lawsuit against a China-based criminal network called "Lighthouse," accused of running massive text-message phishing scams that compromised up to 100 million credit cards and affected more than a million victims. Gosschalk explains that while recovering lost money is difficult, lawsuits like Google's can disrupt the broader scam ecosystem by making other operators reconsider whether to stay in the business. He also notes that although pursuing overseas cybercriminals is challenging due to limited extradition laws, a successful lawsuit would prevent those individuals from traveling to the US — adding meaningful legal risk to their operations.
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