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Published byPhoebe Lauren Walters Modified over 9 years ago
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Preparing Your Company for Social Media Challenges 23 rd Annual Corporate Counsel Conference 1 Orrie Dinstein GE Capital Geanne Rosenberg Baruch College of the City University of New York Sara Jane Shanahan Sherin and Lodgen LLP
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Internal Sources of Challenges 23 rd Annual Corporate Counsel Conference 2 Careless Employees Data-leaking employees Whistle-blower employees Challenge
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External Sources of Challenges 23 rd Annual Corporate Counsel Conference 3 Challenge Customers Data hackers Journalists Social Responsibility Groups Governmental Regulators
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Social Media Usage 23 rd Annual Corporate Counsel Conference 4 25% of search results for the world’s 20 largest brands are links to user generated content Twitter has 75 million users and is adding 300,000 a day YouTube is the second largest search engine on the web 3.5 billion pieces of content are shared each week on Facebook Source: engaguemedia blog
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Consumer products company, BigCo, is looking to acquire SmallCo, which is located in Smallville, a one company town Pre-Merger Leaks 23 rd Annual Corporate Counsel Conference 5
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Securing Data Post Merger 23 rd Annual Corporate Counsel Conference 6 Identify and secure servers; upgrade firewalls Identify and encrypt laptops and remote computers, PDA’s, BlackBerry devices Issue password protected PDA’s
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Laid off Salesman Posts Customer List 23 rd Annual Corporate Counsel Conference 7 John V. Sales Just left SmallCo! Who wants some good leads on customers? Here are my top 25 customers: 1.Jane Doe 2.Ben Business 3.McCompany
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Factory Worker Discredits Products 23 rd Annual Corporate Counsel Conference 8
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Customer Claims Injury from Flawed Product 23 rd Annual Corporate Counsel Conference 9 #bigcompanydangerous Big Co #faultyproducts
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Journalist Writes Articles on Product Risk 23 rd Annual Corporate Counsel Conference 10 Risk Cited in Popular BigCo Product
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Government Regulators Investigate Public Reports 23 rd Annual Corporate Counsel Conference 11 Attention Big Co Request for Documents RE: Consumer Safety and Procedures
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Questions? 23 rd Annual Corporate Counsel Conference 12
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