Abstract: Authentication and key exchange are fundamental for establishing secure communication channels over public insecure networks. Password-based protocols for authenticated key exchange are designed to work even when user authentication is done via the use of passwords drawn from a small known set of values. Recently, Wen et al. (H.-A. Wen, T.-F. Lee, T. Hwang, Provably secure three-party password-based authenticated key exchange protocol using Weil pairing, IEE Proceedings—Communications 152 (2) (2005) 138–143) proposed a new protocol for password-based authenticated key exchange in the three-party setting, where the clients trying to establish a common secret key do not share a password between themselves but only with a trusted server. Wen et al.’s protocol carries a claimed proof of security in a formal model of communication and adversarial capabilities. However, this work shows that the protocol for three-party key exchange is completely insecure and the claim of provable security is seriously incorrect. We conduct a detailed analysis of flaws in the protocol and its security proof, in the hope that no similar mistakes are made in the future. [Copyright &y& Elsevier]