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Managing Risk in a Social Media-Driven Society
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By Tom Andreesen and Cal Slemp, Protiviti

Source: Protiviti's KnowledgeLeader

Is social media just a fad? Or is it the biggest shift in the way business is done since the advent of the Internet?

The conclusion is resoundingly clear: Social media is here to stay, and it is rapidly altering every aspect of corporate operations from hiring to training, marketing to sales, and yes, auditing and risk management too. The purpose of this article is to discuss the current state of the social media environment, how its use continues to evolve in the workplace and what risks it presents to companies.

We will especially look at how the expanded usage of social media requires auditors to begin evaluating social media risks.

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