Big data is rapidly changing the way in which regulators and law
enforcement conduct an investigation and build a case. New
technology reduces compliance costs, but also increases regulatory
expectations of businesses' monitoring, detection and reporting
capabilities. And, as technology evolves, monitoring for misconduct
may soon involve predictive capability rather than merely
detection. Meeting compliance expectations including due diligence
on customers and suppliers, conducting internal investigations and
managing government agencies during enforcement are all becoming
more complex.
More than ever, companies need to keep up with the technology to
keep up with their regulators in an investigation.
