Social media now seen as high risk

Social media has now made it onto the list of top five risks — right up there with financial risk.

A new Deloitte and Forbes Insights report finds that while the majority of executives surveyed anticipate that the global economic climate will be the greatest source of risk through 2015, more than one in four believe social media will play an increasingly important role.

The survey, which interviewed 192 US CEOs, senior vice presidents and vice presidents from top companies of all kinds, found that 41 percent of them see the global economy as the most important source of risk while nearly a third put government spending and budget into that category.

Regulatory changes were of concern to 30 percent of respondents and both social media and financial risk were seen as a concern by 27 percent… Read more

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