In this week's risk update: quantum computing threatens to break the encryption protecting your business, Singapore's SME backbone calls for expanded government support, and five emerging threats we're watching closely.

🧠 Main Threats Covered 

1. Your Encryption Has an Expiry Date

Google's latest announcement confirms quantum computers capable of breaking current encryption standards are no longer theoretical—they're an engineering challenge with a visible timeline.

2. Singapore SMEs Face Internationalisation Crossroads

Singapore's business chambers are calling for expanded government support in Budget 2026, specifically requesting larger automation grants and enhanced assistance for SMEs pursuing international expansion.

⚡ Quick-Fire Threats

1) Threat Actors Weaponising LLMs for Enhanced Attack Capabilities

2) Attackers Exploiting AI Summarisation Features for Data Exfiltration

3) Cyber and Supply Chain Risks Dominating Japanese Business Concerns

4) Optus Outage Highlights Escalating Third-Party Dependency Risks

5) Supply Chain Cyber Attacks Evolving in Sophistication and Scale

📚 Sources

Main Story 1:

[Google Just Told You Your Encryption Is on Borrowed Time | Cybersecurity Insiders | February 2026](https://www.cybersecurity-insiders.com/google-just-told-you-your-encryption-is-on-borrowed-time-most-organizations-wont-listen/)

[NIST Releases First 3 Finalized Post-Quantum Encryption Standards | NIST | August 2024](https://www.nist.gov/news-events/news/2024/08/nist-releases-first-3-finalized-post-quantum-encryption-standards)

[Quantum Computing Progress and Cryptographic Implications | IBM Research | 2025](https://research.ibm.com/quantum-computing)

Main Story 2:

[Budget 2026: Business Chambers Want More Help for SMEs | The Business Times | February 2026](https://www.businesstimes.com.sg/singapore/budget-2026-business-chambers-want-more-help-smes-internationalise-bigger-automation-grants)

[Singapore SME Landscape Report | Enterprise Singapore | 2025](https://www.enterprisesg.gov.sg/resources/reports)

🔗 Links

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