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Wifi Alliance announced WPA3 security standard after 14 years

The wifi alliance has recently announced a new security standard called WPA3. The new security standard is suppose to provide more robust authentication and better security for shorter passwords making it harder to hack. Existing router can add WPA3 to their device if vendors decide to provide firmware updates to their devices. Cisco seems to one of the initial manufactures that have voiced their support for WPA3 and is currently looking to both implement it on some existing and future routers.

Source: Wifi Alliance, Cnet