Beyond the potential of 5G

The lower latency and bandwidth of 5G will cause an increase in the diversity and volume of data, Internet of Things (IoT) devices, and innovation, which can create several challenges. As such, it results in the urge to understand better the potential and risks of 5G networks. This paper's aim extends beyond the examination of 5G network potential. At first, it gives a categorization and description of the 5G ecosystem elements. Then, in line with the main focus of our work, the potential of cybersecurity assurance in 5G networks is examined. We suggest that organizations embrace security by design and security in process mindset and build trust throughout the ecosystem. Additionally, we shed light on the interdisciplinary scheme for better network equipment security following standard guidelines-NESAS (Network Equipment Security Assurance Scheme). The implementation of 5G networks should ensure security across policy, technology, and standards. Vendors should be positioned to address and lead critical priorities and actions that will guide countries through this transition.