Australia relies heavily on a global marketplace of technology and software vendors. While this fuels growth and digital transformation, it also presents policymakers with a unique set of national security risks. To better manage the risk of foreign ownership, control, or influence (FOCI), the Australian Government has made FOCI assessment a mandatory part of technology procurement processes.
Official guidance on conducting FOCI checks has been released by the Department of Home Affairs. However, agencies typically lack the resources and skills needed to conduct assessments with speed and accuracy.
In this Sayari webinar, originally aired on Wednesday, October 29th at 11:00am AEDT, we will discuss the nuances of FOCI assessments and determining ultimate beneficial ownership, provide additional guidance for manual assessments, and give a live demonstration of how agencies can use Sayari Graph to uncover hidden relationships.
Key Takeaways:
- The real-world difficulties of conducting FOCI assessments, such language barriers
- Ways to improve the accuracy of your assessments, including advice that goes beyond the Home Affairs’ FOCI assessment checklist
- The critical role that corporate ownership and trade records play in finding FOCI risk
- How Sayari can help to improve the speed and accuracy of these assessments
This webinar is for anyone responsible for safeguarding Australian government technology supply chains, including those in procurement, cybersecurity, policy and supply chain assurance roles.
