Performing a key exchange will preserve the integrity of the information sent between two entities, but this will not guarantee that the entities are who they claim they are. This may enable an attacker to impersonate an actor by modifying traffic between the two entities. Typically, this involves a victim client that contacts a malicious server that is impersonating a trusted server.

If the client skips authentication or ignores an authentication failure, the malicious server may request authentication information from the user. The malicious server can then use this authentication information to log in to the trusted server using the victim's credentials, sniff traffic between the victim and trusted server, etc.