Lyne’s exercise revealed that among the more than 81,000 networks surveyed, some 29.5 per cent were using either the insecure Wireless Equivalent Privacy (WEP) algorithm, or no security encryption at all.
A further 52 per cent of networks were using Wi-Fi Protected Access (WPA), a security algorithm that is past its sell-by date and can no longer be trusted as secure, he said. Everyone should have moved over to WPA2, which has been around for years, but the Sophos experiment provides clear evidence that this has only happened in a minority of cases.
NSA?! We don’t need no stinkin’ NSA!
The part about banking credentials should catch your eyes.