5G networks will provide extremely high data rates, greater coverage through dense base station deployment, higher capacity, lower latency and improved quality of service. 5G will enable broadband connectivity anywhere and allow connection of a massive number of devices like those in the Internet of Things. During the next decade, 4G and 5G technologies will likely co-exist to support a smooth transition as 4G knowledge is utilized for 5G network deployment. However, 5G also presents security risks that will need to be addressed through adequate security measures, regulations and standards.