Wireless Networks are vulnerable in nature, mainly due to the behavior of node communicating through it. As a result, attacks with malicious intent have been and will be devised to exploit these vulnerabilities and to cripple MANET operation. In this chapter, we analyze the security problems in MANET. On the prevention side, various key and trust management schemes have been developed to prevent external attacks from outsiders. Both prevention and detection method will work together to address the security concern in MANET.