A Comprehensive Guide to 5G Security

5Cyber Security Business Models in 5G

Julius Francis Gomes¹, Marika Iivari¹, Petri Ahokangas¹, Lauri Isotalo², Bengt Sahlin³, and Jan Melén³

¹ Martti Ahtisaari Institute of Global Business & Economics, Oulu Business School, University of Oulu, Finland

² Elisa Corporation, Finland

³ Oy LM Ericsson AB

5.1 Introduction

We live in the era of 4G, and some parts of the globe are still mainly entertained by 3G or 2G technologies. Yet, we are already heading towards 5G and with all the hyperconnectivity and high‐tech innovations and services, we are increasingly exposed to serious threats of cyber‐attacks. Dobrian [1] remarks that cyber security has been a major issue for sectors such as financial services, defence, healthcare, media and online social media. From a technical point of view, significant research effort has been made so far into standardizing 5G and cyber security [2]. For instance, 5GPPP, a public‐private partnership body funded by the EU and several other research projects are working in areas such as the physical layer, overall architecture, network management and software networks [3]. Although one of 5GPPP’s recent publications mentions that 5G is business driven in a European context, research results from a business and management perspective still remain negligible [4].

Moreover, there are also gaps in the knowledge as to how 5G is expected to impact the management organization at the security level. These issues raise some important questions. In a world flooded ...