Financial Services Industry Group Issues Social Media Guidance : HL
Chronicle of Data Protection
A financial services industry group released guidance this week on managing
the risks associated with using social media, including data protection
concerns.  The guidance, titled "Social Media Risks and
Mitigation,"<http://pub.bna.com/eclr/bitsmedia.pdf> was
released this week by BITS <http://www.bits.org/>, a division of the Financial
Services Roundtable <http://www.fsround.org/>, which represents 100 of the
largest financial services companies.  The 71-page report details numerous
risks that banks and other financial companies may face when using social
media, including compliance, legal, operational and reputational risks.
These risks are discussed in the context of three types of social media use:


http://bit.ly/pumlHz

Source:
http://www.hldataprotection.com/2011/07/articles/financial-privacy/financial-services-industry-group-issues-social-media-guidance/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+ChronicleOfDataProtection+(HL+Chronicle+of+Data+Protection)
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