5G prompts Asia-Pacific firms to rethink cybersecurity risks

With 5G networks expected to launch by 2020, Asia-Pacific firms are gearing up for the promise of ultra-high-speed and low-latency wireless networks, but they must also steal themselves to manage the higher cybersecurity risks that the next-generation mobile networks will bring. And just 36% of their boards have sufficient cybersecurity knowledge to effectively manage cyber risks. Richard Watson, EY Asia-Pacific Cybersecurity Risk Advisory Leader, comments: “Adopting a risk- based approach is key as organizations simply cannot protect everything to the same degree. What are the organization’s cyber risk appetite? As the promise of 5G increases data flows, the risk landscape is intensifying.

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