Social Networking Carries Real Compliance Risks, Article Released by Vonya Global
August 06, 2015 (PRLEAP.COM) Business NewsAugust 6, 2015 - Vonya Global, a leading global provider of Internal Audit, Governance, Risk, and Compliance services, has published an article on the regulatory compliance risk with social networking. The article describes the risks to corporations associated with the use of social networking sites by its employees and corporate communications or marketing functions.
Several regulatory bodies, such as the FDIC, The Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commissions (SEC), the Federal Trade Commission (FTC), the Gramm-Leach-Bliley Act (GLBA), the Health Insurance Portability and Accountability Act (HIPAA), and the National Labor Relations Board (NLRB), all have requirements related to social media and social networking. The article describes the requirements of each regulation and provides five actions a corporation should take to address the regulation and mitigate risks.
To read the full article, please follow this link: http://www.vonyaglobal.com/internal-audit/knowledge/social-networking-carries-real-compliance-risks/
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