When you’re using a Wi-Fi network these days, chances are you are counting on one of these protocols: WPA or WPA2. In short, your Wi-Fi signal is protected by the Wi-Fi Protected Access (WPA or WPA2) encryption standard. These wireless industry standards were designed to prevent potential hackers from intercepting the signal and reading your browsing data. Here’s the bad news: It was just reported that while investigating the new WP3 standard, a security researcher managed to break the encryption. So what’s the good news? At least now we know.