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Despite the numerous pompous statements regarding 5G, it is indisputable that 5G creates a radical shift in telecommunications. The main reason is that 5G is an enabler of numerous applications we have long envisioned and either simulated or implemented in test environments, partially or on a smaller scale. 5G will soon unlock the potential of smart cities, industry 4.0, and IoT, to name a few. However, a crucial question is how much we can trust this technology. Since this technology will soon become the core infrastructure for all of the above, it is critical to understand the fundamental security mechanisms that comprise this technology and the guarantees they provide to assess the potential risks we are exposed to. This work follows a non-technical yet bottom-up approach to introduce the reader to the core security mechanisms and establish a baseline for the security of 5G, to demystify the principal notions and processes. Based on the above, we streamline future directions and highlight possible threats.