| | November 20206CIOReviewT he COVID-19 pandemic has brought a tectonic shift in the operating environment of businesses across every sector. This has resulted in several new challenges for them--from keeping employees and customers safe to ensuring continued access to capital and adapting to the new digital way of working. While the entire business world is in shambles due to the present crisis and the chaos, cybercriminals are smelling blood to cash-in the changing behavior patterns and people's increased anxieties and sense of emergency.The sudden rise in digital criminal activities is due to the implementation of social distancing measures and the growth of remote working, which has accelerated the use of online services and digital communication. Thus, the criminals have started exploiting vulnerabilities with many scams, including coronavirus relief schemes, money-laundering, online shopping fraud, ransomware attacks, vishing scams, and others. Besides, many smaller businesses have shifted their resources away from compliance in the wake of the reduced workforce, weakening their systems and procedures even further.Owing to the present scenario, compliance officers have to be on the toes to ward-off any mischievous activity. With all the risk, they need to re-evaluate what suspicious activity is and employ online verification and authentication tools accordingly. The data-driven solutions can be a silver bullet to ensure fraud, identity, and compliance procedures are up to scratch. These solutions use global databases to carry out robust identity checks, provide enhanced due diligence checks on businesses to help them understand any adverse media associations, thereby eliminating any bad apples.In this edition of CIOReview, we are including some of the players who are enabling businesses to stay up-to-date and be future-proof against any mala fide activities with innovative solutions.Let us know your thoughts!EditorialTransforming Compliance Amid Recent RisksCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.This special edition on ServiceNow is an initiative of CIOReview. The selections for this ServiceNow edition is made by an independent body, and ServiceNow has no involvement in this initiative nor any partnership with CIOReview.CIOReviewEmail:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com December - 23, 2020, Vol 09, Issue - 111 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffAaron PierceCarolynn WaltersShirley FaithRussell ThomasVisualizersIssac GeorgeJaxon Jase*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin SmithSalesStephen Thomasstephen.thomas@cioreview.com Dean Winchester
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