The Wi-Fi Alliance introduced on June 25, 2018 WPA3, a new Wi-Fi security standard that will address all known security issues affecting the previous Wi-Fi standards.
WPA3 adds new features to simplify Wi-Fi security, enable more robust authentication, and deliver increased cryptographic strength for highly sensitive data markets.
WPA3 offer two distinct modes of operation: WPA3-Personal and WPA3-Enterprise. WPA3-Personal is more resilient, password-based authentication. WPA3-Enterprise offers the equivalent of 192-bit cryptographic strength.
Read more about it here.