One of the most recommended and widely used Wifi Encryption algorithm WPA is known to have been cracked within 12 to 15 minutes flat by a team of Security Researchers as per PC World.
Wi-Fi Protected Access (WPA and WPA2) is a certification program administered by the Wi-Fi Alliance to indicate compliance with the security protocol created by the Wi-Fi Alliance to secure wireless computer networks. This protocol was created in response to several serious weaknesses researchers had found in the previous system, Wired Equivalent Privacy (WEP)
The attack, described as the first practical attack on WPA, will be discussed at the PacSec conference in Tokyo next week. There, researcher Erik Tews will show how he was able to crack WPA encryption, in order to read data being sent from a router to a laptop computer. The attack could also be used to send bogus information to a client connected to the router.
Definitely this will have a huge impact primarily on the Enterprise customers who have been adopting WPA and WPA2 for the security of their Wi-fi networks.
Update: Read my new post [How-To] Protect your Wifi access from the WPA hack to understand the various options still available to you in order to protect yourself from this hack.
Also read: Understanding TCP Connection Basics.
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