It uses an equivalent 192-bit cryptographic strength in WPA3-Enterprise mode and mandates the CCMP-128 as the minimum encryption algorithm in WPA3-Personal mode
Additional Security Features
PMF
Protected Management Frames (PMF) is a #Cisco-Proprietary implementation of IEEE 802.11w (Management Frame Protection, MFP)
Simultaneous Authentication of Equals is a four-way handshake in Personal Mode Authentication that is used by WPA3 as an upgrade to the traditional PSK
Forward Secrecy
Prevents Data from being decrypted after it was transmitted over the air
Session keys are generated from a long-term Pre-Shared Key that is discarded after the session ends
Even if the attack obtains the session key, it cannot be used to decrypt past or future sessions