WPA3-Personal enhances the security of wireless networks by using Simultaneous Authentication of Equals (SAE), which is a more secure replacement for the Pre-Shared Key (PSK) method used in WPA2. SAE strengthens the initial key exchange, providing better protection against offline dictionary attacks and ensuring that each session has a unique Pairwise Master Key (PMK), derived from the interaction between the client and the access point, including session-specific information like MAC addresses and nonces.