New iPad Personal Hotspot Security

For security purposes, all networks created via Personal Hotspot are password-protected by default, and the new iPad's personal hotspot uses strong WPA2 protection. But is there any way that people could eavesdrop and spy on your WiFi traffic. How secure the personal hotspot is with new iPad?If you are in a public place, such as in a hotel room, Hotspot is as easy as looking over your shoulder.