"Security researchers say they've developed a way to partially crack the Wi-Fi 
Protected Access (WPA) encryption standard used to protect data on many 
wireless networks.

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.

To do this, Tews and his co-researcher Martin Beck found a way to break the 
Temporal Key Integrity Protocol (TKIP) key, used by WPA,
in a relatively short amount of time: 12 to 15 minutes, according to Dragos 
Ruiu, the PacSec conference's organizer.

They have not, however, managed to crack the encryption keys used to secure 
data that goes from the PC to the router in this particular attack."
--clip--

More at
http://www.pcworld.com/businesscenter/article/153396/once_thought_safe_wpa_wifi_encryption_is_cracked.html

Juha-Matti
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