An incident involving hackers posting false "news" on The Wall Street Journal's Facebook page demonstrates again why organizations must ramp up efforts to protect social media accounts to avoid reputational harm.
Security experts say a newly reported flaw in open-source authorization services, which has been named Covert Redirect, doesn't appear to pose as big a risk as the Heartbleed bug.
Technology is the biggest challenge to ethics and compliance in organizations today, says Deloitte's Keith Darcy. "We have the capacity to do things before we ever consider the ethical consequences ..."
The final version of the FFIEC's guidance on social media use clarifies how banks should assess consumer and third-party risks. But suggested controls for employee risks are still missing.
Hackers have pilfered some 2 million user passwords and credentials for Facebook and other social media and Internet sites, according to IT security provider Trustwave. The hackers attacked computers in about 100 nations.
Twitter's announcement that it's adding "forward secrecy" encryption to its sites should serve as a reminder that organizations need to continually assess the risks to their organization, experts say.
Sharing information about cyber-attacks is making a difference in the banking sector, helping bring criminals to justice and curbing fraud losses. Other sectors should learn from banking's example.
Twitter's IPO filing sheds light on the social media company's perceived security risks. For example, it acknowledges the challenge of preparing for evolving cyberthreats.
How much of a free hand should units within an enterprise have in deciding social media policy? DHS's inspector general and acting chief privacy officer don't always see eye to eye on how the department should govern social media use.
Organizations incorporating social media into their daily operations tend to have gaps in policies, and key aspects are often an afterthought, says attorney David Adler, who pinpoints areas to address.
As organizations use social media to grow their online presence, questions of ownership become an increasing concern, says Alan Brill of Kroll, who advises organizations on how to mitigate risks.
By being transparent, federal government agencies can minimize public concern that government monitors individual speech and action on social media, new guidance from the U.S. federal CIO Council advises.
Organizations increasingly engage with customers via social media, but managers often fail to incorporate or enforce key policies. Attorney David Adler offers tips to improve social media management.
As social media use grows, so do the risks of organizations getting caught up in costly legal disputes over ownership and assets. Alan Brill of Kroll advises on how to mitigate such risks.
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