Why 5G will pose problems that we haven't dealt with before
5G might be the hottest thing on the market right now, and connectivity as well as the Internet of Things (IoT). 5G has high data speeds, low latency, more flexibility, low energy consumption, cost-effectiveness and ability to withstand a far greater number of devices. Everyday objects such as lightbulbs and city assets are linked to the internet, not just phones, computers and tablets. But where there is progress, there will be issues as well, and therefore we’re here to discuss potential downsides to having everything connected with 5G.
The security concerns of 5G with relation to financial data is also of concern. Financial institutions such as banks store thousands if not millions of customers’ data in their servers. With 5G, the data is more likely to be stored in a cloud-based computing system. The security of the data in the cloud is questionable. Although the technology is not new, the cloud is susceptible to hacking and is vulnerable to attacks.
Even in the 4G era, customers face security concerns with mobile banking apps among other online banking security issues.
How do authorities work with Internet providers to give users a safe environment? There are government agencies like Malaysian Communications and Multimedia Commission that oversees what happens in the country when it comes to Internet and related issues. But is that enough to make sure all things go smoothly?
To help us better understand exactly what the downsides of 5G could be, we reached out to Cybersecurity Malaysia to help better explain it.
“The power and potential of 5G goes way beyond enabling super-fast video streaming with zero lag time and full-length movie downloads within seconds. The new 5G technology will provide more stable mobile network for these activities and will also enable infrastructure for other services,” said YBhg. Dato’ Ts Dr Haji Amirudin Abdul Wahab, CEO of CyberSecurity Malaysia.
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