Shropshire businesses must protect themselves from the onslaught
of social networking sites to avoid becoming an easy target for
cyber criminals.
Sites like Twitter, Facebook, LinkedIn, and YouTube have become
incredibly popular with people of all ages, as a way of keeping in
touch.
But Dave Williams, of Henshalls Insurance Brokers, in Newport
and Shrewsbury, said companies using the social media tools to
raise their corporate profile should take care.
"The benefits of using social media to reach customers are clear
- you can get your message across to hundreds of people with just
one short communication. But this kind of marketing also brings its
own risks, and you must be aware of some of the new threats from
criminals who are trawling these sites for potential victims.
"You could leave your firm vulnerable to data theft, downtime,
financial losses and a damaged reputation."
Dave said one of the biggest risks came from unwittingly
downloading viruses, spyware and malware, as these hidden codes
could damage your computer, its network, and extract confidential
information.
"If your system is hacked or damaged by viruses, a cyber
liability insurance policy could help to get your business back on
its feet and compensate any customers that have been affected.
"You can also get insurance cover for compensation for
multimedia claims, damage to third parties through libel or
slander, copyright infringement, and invasion of privacy."
Dave said some companies may be tempted to turn off social media
altogether, but developing a social media policy would go a long
way to help mitigate the risks.
"It's not just your company's presence on these sites that puts
you at risk, many of your employees will have personal online
profiles which could lead to problems. So make it clear to your
employees how you expect them to use social media and remind them
their online behaviour may reflect on your organisation."
Dave said social media was also often used to rant about poor
service, so companies should be vigilant and monitor websites to
ensure they were able to respond to negative comments as quickly
and positively as possible.