IPFS Phishing Attacks: How Cybercriminals Exploit Decentralized File Storage

IPFS Phishing Attacks are becoming increasingly common as more users adopt the InterPlanetary File System (IPFS) technology to store and share files. This decentralized file storage system is designed to provide users with more control over their data and protect them from censorship, but it can also be exploited by cybercriminals to conduct phishing attacks.

How do IPFS Phishing Attacks Work?

Phishing attacks involve tricking users into providing sensitive information such as login credentials or financial data by posing as a trustworthy entity. IPFS phishing attacks work in a similar way, with cybercriminals creating fake IPFS gateways to steal user data.

Here’s how it works: when users want to access files stored on the IPFS network, they typically use a gateway to retrieve them. These gateways act as intermediaries between the user and the IPFS network, serving as a proxy for the user’s requests. Unfortunately, cybercriminals can create fake gateways that look just like the real ones, tricking users into sending their requests to the malicious gateway.

Once a user sends a request to a fake gateway, the attacker can intercept the request and replace the legitimate file with a fake one that contains malicious code. The user is then prompted to enter their login credentials or other sensitive information, which the attacker can steal.

How to be safe from IPFS Phishing Attacks?

To avoid falling victim to IPFS phishing attacks, there are several best practices to f

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