Hello again, @sharmsen ...

I don't really have much for insights on what Instructure plans to implement in Canvas (other than taking a look at this link: Roadmap - Canvas Community).  Here are some other resources for you that might be of help:

• Solved: Prevent cheating on canvas exams - Canvas Community
• Solved: On-lining exam cheating prevention - Canvas Community
• Quiz Settings to Maximize Security - Canvas Community

I hope these resources help in some way.