In the broadest of definitions, people have been blogging for centuries. Whether on a soapbox in the middle of town square or on the world stage of the Internet, people tend to gravitate towards public forums, where they can voice their opinions, make observational comments, or simply rant. So, in today’s rigorous environment of governance, risk, and compliance, how does social media impact one’s corporate citizenship and the organization for which they work? The answer is, in a word, policy.
As with all business risk (and, ‘yes’, the use of social media is a business risk), policy is often implemented as a mitigating control. At the heart of a well written policy should lay a clearly defined behavioral expectation related to a particular risk, as set forth by executive leadership. In the case of social media, the intent of the policy will typically revolve around its acceptable professional use.
Policies related to social media can vary greatly from organization to organization. This is tied to multiple variables, which may include, but are not limited to: the type of risk, corporate culture, the organization’s levels of acceptable risk (what some may refer to as ‘risk appetite’), contractual obligations, industry regulations, and an ever growing number of laws. Compounding the issue is the speed and totality in which social media has been generally adopted. As a result, the pervasive and permeating use of social media and its relationship to the workplace is still a fairly new challenge with varying ramifications.
As the business impact of social media continues to grow, discussions and issues related to both compliance and non-compliance are becoming commonplace. I leave you with the following:
- The FTC is now addressing the use of social media in Marketing:
- The use of social media is finding its way into guidelines and regulations:
http://blogs.bankinfosecurity.com/posts.php?postID=499
- Individuals are being fined for violating policy via the use of social media: