Cybersecurity is an increasingly important area within the security thematic universe. We live in an interconnected and hyper-connected world in which everything is increasingly digital, and this is a trend that will not only not be reversed, but will continue to grow.
We have our whole lives on our smartphones and laptops, and it’s all being made possible because everything is secure, or trying to be. This is why individuals, businesses and governments around the world are spending more and more money on cybersecurity solutions: they want to protect their identity and their digital assets. A good example of this is that, following the emergence of COVID 19, many workers switched from working from the office to suddenly working from home.
Companies soon realized that the way their networks were organized could no longer be the same as before: they needed to adapt them to the needs of the new normal, where more and more devices were connected and therefore the exposure to cyber-attacks was also greater. This is why today; new forms of infrastructure protection are the big growth lever in the cyber security sector. As Maslow explained in his Pyramid, among human needs, security ranks second only to physiological needs, thus reaffirming the importance of security, and cybersecurity, to society.
The advent of 5G has brought an opportunity to create value, but also new opportunities to create threats. As a result, new and more robust security policies are needed to ensure the security of networks and the devices that connect to them. In this respect, encryption and identity management will become even more important than they already are, and existing platforms and protocols will require significant upgrading and modernization, given the major step forward that 5G represents. More and more data will be generated, and more and more devices will be connected, so this will be no simple task.
To get an idea of the capabilities of 5G and the role of cybersecurity, let me give the following example: let’s say that, in the future, 5G provides the opportunity to connect the entire New York power grid to a single network for monitoring and control. This would create obvious potential vulnerabilities to a cyber-attack, for which a secure environment would have to be created, with stronger security policies, as the consequences of a hack on the power grid of a city like New York could have a devastating effect. Clearly, this is an extreme example, but it is at the same time a reflection of the capabilities and threats that arise with the advent of 5G, and the key role that cybersecurity plays in this.
In conclusion, the way we must adapt to increasing digitization and the emergence of 5G, and the opportunities and threats they bring in terms of cybersecurity, is to invest in digital asset protection. Investing in cybersecurity is a high-growth investment opportunity that will not only deliver returns, but also greater security.