diff --git a/drivers/net/ieee802154/mac802154_hwsim.c b/drivers/net/ieee802154/mac802154_hwsim.c
index 07a493dea11e..bf70ab892e69 100644
--- a/drivers/net/ieee802154/mac802154_hwsim.c
+++ b/drivers/net/ieee802154/mac802154_hwsim.c
@@ -735,10 +735,12 @@ static int hwsim_subscribe_all_others(struct hwsim_phy *phy)
 	return 0;
 
 me_fail:
-	list_for_each_entry(phy, &hwsim_phys, list) {
+	rcu_read_lock();
+	list_for_each_entry_rcu(e, &phy->edges, list) {
 		list_del_rcu(&e->list);
 		hwsim_free_edge(e);
 	}
+	rcu_read_unlock();
 sub_fail:
 	hwsim_edge_unsubscribe_me(phy);
 	return -ENOMEM;