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I think you are propagating the myth that a scheme can be secure forever.

It's ok if WAP is breakable with cloud computing, because the whole point was to secure it for the next X years so that it takes more than Y dollars to break it. You only need to protect million dollar data enough that it costs 10 million dollars to get it.

If the data is valuable enough and protected heavily enough with crypto, the cheapest way to get it is through a meatspace attack (break-in, abduction, etc).

> WEP was considered "good enough"

Not by security professionals once they saw the effective size of the key. It's the downgrading of what looked like a 64bit key into a 48bit key that was the biggest problem.



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