{"id":1609,"date":"2010-10-21T07:00:46","date_gmt":"2010-10-21T15:00:46","guid":{"rendered":"http:\/\/www.formtek.com\/blog\/?p=1609"},"modified":"2010-10-21T07:00:46","modified_gmt":"2010-10-21T15:00:46","slug":"security-social-media-security-incidents-are-costly","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/security-social-media-security-incidents-are-costly\/","title":{"rendered":"Security: Social Media Security Incidents Are Costly"},"content":{"rendered":"

Enterprises still remain wary of Social Media and Web 2.0 interfaces, and possibly with good reason. \u00a0Web 2.0 interfaces continue to be more exploitable by cyberhackers than more traditional interfaces. \u00a0A report published by Purdue University’s CERIAS <\/a>(Center for Education and Research in Information and Security) and funded by McAfee found that 60 percent of 1000 companies surveyed suffered losses of more than $2 million due to vulnerabilities in Web 2.0 applications. \u00a0This figure seems astoundingly high. \u00a0Total global losses are estimated to total $1.1 billion. \u00a060 percent of companies also say that they worry that the reputation of their organization could be adversely impacted as the result of the misuse of Web 2.0 technologies.<\/p>\n

Security problems have led 81 percent of companies to block at least one social media, micro-blogging or collaboration tool. \u00a013 percent of companies block all such tools for their employees.<\/p>\n

The problem areas that were identified by companies included:<\/p>\n