The Threats

Accidental Association - When anyone attaches to a wireless access point not his own, this is an accidental association. Unfortunately it may link two corporated networks, providing unwanted access to sensitive data.
Malicious Association - The hacker makes her wireless network card look like a legitimate access point. These attacks at Layer 2, the layer 3 network authentication and virtual private networks are no barrier.
Ad-hoc Networks - Peer to peer connections (no access point) are unprotected. Encryption can provide security.
Non-traditional Networks - Bluetooth devices are not secure from hacking and should be considered a security risk.
MAC Spoofing - Using network sniffing software to obtain the MAC (Media Access Control) addresses and software to use that MAC address thwarts the MAC filtering security measure.
Man-in-the-Middle Attacks - This attack draws connections to a computer setup as a soft access point. Attacker then connects to actual access point and begins traffic sniffing.
Denial of Service - DoS attacks involve overwhelming an access point with fake messages and handshake responses.
Network Injection - Attacker uses access points with spanning tree non-filtered traffic and sends networks configuration commands to bring the network down.
Caffe Latte Attack - Sends a barrage of encrypted Address Resolution Protocol (ARP) requests to obtain Wired Equivalency Privacey (WEP) shared key in under ten minutes.