LoRa and the LoRaWAN specification is a technology for Low Power Wide Area Networks (LPWAN) designed to allow connectivity for connected objects, such as remote sensors. Several previous works revealed various weaknesses regarding the security of LoRaWAN v1.0 (the official 1st draft) and these led to improvements included in LoRaWAN v1.1, released on Oct 11, 2017. In this work, we provide the first look into the security of LoRaWAN v1.1. We present an overview of the protocol and, importantly, present several threats to this new version of the protocol. Besides, we propose our own ramification strategies for the mentioned threats, to be used in developing next version of LoRaWAN. The threats presented were not previously discussed, they are possible even within the security assumptions of the specification and are relevant for practitioners implementing LoRa-based applications as well researchers and the future evolution of the LoRaWAN specification.