Unsplash

Australia Unveils Regulatory Principles to Secure Critical Technology Supply Chains

The Australian Federal Government has unveiled a set of regulatory principles to assist businesses in securing the supply chains of critical technologies, including artificial intelligence (AI) and quantum computing

The ten principles are intended to make decisions about suppliers and their products, reduce unforeseen threats during developing critical technologies, and make business resilient.

Critical technologies are defined as current and significant technologies that can reinforce or threaten national interests. Quantum computing is the study of how to use phenomena in quantum physics to create new ways of computing. AI has the flexibility to research and learns supported data sets. In contrast, quantum computing eliminates the main concerns about data quality and analysis accuracy that still serve as obstacles in the application process of machine learning algorithms over and over. 

Home Affairs of Australia said that Australia is a world leader in key research areas such as advanced manufacturing, and the Australian industry is keen to invest in emerging technologies.

The principles have been changed slightly since they were first proposed to reflect industry feedback and are grouped under three pillars- security-by-design, transparency, and autonomy and integrity. The Security-by-design principle includes, understanding what needs to be protected and how to protect, building security considerations into all organisational processes. Other tenets include setting and communicating minimum transparency requirements and considering suppliers to operate ethically. 

Source: