Social Media crosses paths with Financial Industry

This blog post details how social media has found its way to the financial industry. As promising as it sounds, there are still risks involved with it. Listed below are a couple of risks associated with using social media with financial industries:

1. Requests to financial services firms for social media data during regulatory examination in 2010 rose to 65% over previous years

2. 63% of IT and IT security practitioners agree that employee use of social media puts their organization's security at risk

The rest of the article can be found here: http://www.cmswire.com/cms/customer-experience/social-media-mixes-with-financial-industry-014903.php