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Illustration: Sarah Grillo/Axios

The business world has a muddled view of the cybersecurity challenges and opportunities presented by the rollout of 5G networks and services, per a paper out yesterday.

Why it matters: Secure hardware and systems will be a must in order to fulfill the vision of a 5G future filled with ubiquitous super-fast internet and a plethora of connected devices. Business leaders having a dim understanding of where things stand on that front could presage some headaches to come.

By the numbers: Some 31% of 1,000 global business leaders and security professionals polled in September said they believe 5G will be fully secure at the network provider point, according to the report from AT&T Cybersecurity, formerly known as AlienVault, which AT&T acquired in 2018 and which runs the Open Threat Exchange for sharing cyber threat intelligence.

  • 26% said they have no strategic plan to address 5G security.
  • Yet 56% said they understand they'll have to tailor their approach to cybersecurity for 5G.

What they're saying: "These diametrically opposing beliefs sum up the conundrum facing enterprises as they transition to secure 5G," reads the report. "Nearly half of the survey respondents think 5G requires no change to their security infrastructure, while the other half understands that this shift demands a rework of the security posture to keep the business protected."

Yes, but: Despite the mixed messages, respondents said their companies, all organizations with at least 1,000 employees, are investing heavily in 5G cybersecurity.

  • Respondents implementing 5G said they now spend 18–23% of their total security budgets on 5G security and expect that to tick up to nearly a quarter of their budgets within 12–18 months.

Go deeper

National Security Council names Russia as "likely" origin of U.S. agency breach

Illustration: Sarah Grillo/Axios

A U.S. task force responsible for investigating the massive cyberattack that breached the departments of Defense, State and Homeland Security — among others — identified the hack as "likely Russian in origin," per a joint statement on Tuesday.

Why it matters: This is the first time the federal government has formally named Russia as the likely origin of the attack.

Republicans threaten to shut down government over vaccine mandates

Sen. Mike Lee (R-Utah) in the Capitol in November 2020. Photo: Joshua Roberts/Getty Images

Conservative Republicans in the House and Senate are planning to force a government shutdown Friday to deny funding needed to enforce the Biden administration's vaccine mandates on the private sector, according to Politico.

Why it matters: Congress has until the end of the week to pass a stopgap measure to extend funding into 2022, though objection from a small group of Republicans could shut down the government.

Electric car prices could go up before they come down

Illustration: Eniola Odetunde/Axios

The secret to affordable electric vehicles is cheaper batteries. But after years of falling prices, battery costs are now headed in the wrong direction.

Why it matters: Costlier batteries could drive up the price of electric vehicles — threatening the auto industry's transition away from fossil fuels, and, in turn, society's fight against climate change.