Shodan is a search engine that indexes internet-connected devices and provides information about devices, banners, and metadata. It works by generating random IP addresses and port scans to retrieve banner information from devices. This information is then stored in a searchable database. Users can search Shodan's database using filters like country, city, IP address, operating system, and ports. Shodan can be accessed through its website or command line interface. While useful for security research, Shodan also raises privacy and security concerns by revealing information about unprotected devices.