The Evolution of the Peer-to-Peer File Sharing Industry and the Security Risks for Users

Peer-to-peer file sharing is a growing security risk for firms and individuals. Users who participate in these networks to share music, pictures, and video are subject to many security risks including inadvertent publishing of private information, exposure to viruses and worms, and the consequences of spyware. In this paper, we examine the peer-to-peer file sharing phenomena, including an overview of the industry, its business models, and evolution. We describe the information security risks users' face including personal identification disclosure and leakage of proprietary business information. We illustrate those risks through honey-pot experiments and discuss how peer-to-peer industry dynamics are contributing to the security problem.