Social media may seem harmless, but it carries risks for corporations. Click4Compliance.com examined how corporations currently use social media to determine what risks they encounter and created this infographic.
Social media content can be used as evidence in enforcement proceedings and litigation. What puts companies at risk?
The biggest risk is employees misusing social media either accidentally or purposefully. "20% of companies polled say they've investigated their own employees to ensure they're not oversharing or misrepresenting the company online," according to Lauren Dugan of the Social Times. "So be careful what you tweet, because your boss might be watching!"
Social media might also contribute to lost productivity. 60% of employees say they spend at least 30 minutes a day - at work - on Facebook or Twitter. An average business loses $65,000 a year to lost time while workers use social media.
Social media can be a very effective on-ramp for malware attacks, network breakces and intellectual theft. 73% of employees share too much information on social websites.