In light of the global nature of business, the interconnections between the public and private sectors, a political event occurring halfway around the world, a natural disaster, or a seemingly private matter involving an executive, officer or director can trigger a company-wide scandal.
A meeting was recently held with the U.S. Equal Employment Opportunity Commission (EEOC) in Washington DC about this very topic. The meeting helped the EEOC understand exactly how social media is being used in the office and what impact it may have on the laws enforced and on the mission...
Companies need to develop a thorough understanding of their risks and also understand the scope of the cyber insurance they are placing.