Sony names this code but does not publish the wording it prints on screen, so we quote only the code itself: CE-107520-5. Any site showing you an exact message for it has written one.
This error is produced locally. It does not appear because the service is down, so the fixes below are worth working through in order.
Sony's explanation is a single instruction: please install the latest system software. The console is running a version too old for what it is being asked to do.
Sony does not publish the on-screen wording for this one, only the code.
Check Settings, System, System Software to see what version you are on. If the console cannot reach the internet to update, the second and third routes below exist for exactly that case.
Operator documentation: www.playstation.com. PS5 code only. Notably, Sony does not mention Safe Mode anywhere in this article, despite it being the usual advice elsewhere for update problems.
Sony's explanation is a single instruction: please install the latest system software. The console is running a version too old for what it is being asked to do.
This error is produced locally. It does not appear because the service is down, so the fixes below are worth working through in order.
Start with: Connect to the internet and update normally. Sony's first route.