See the video above. It’s a condensed recap of Valve’s GDC 2018 presentation on VACnet. The actual presentation is worth listening to if you have the time.
https://youtube.com/watch?v=ObhK8lUfIlc
I disagree on the statement that developers, publishers, and/or anticheat companies are too incompetent to implement good solutions. They have not been putting serious effort into the problem or else the state of cheating in video games wouldn’t be as bad as it is today.