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To tweet or not to tweet


This week's media has been inundated with stories about super injunctions and gagging orders involving various high-profile people.  Twitter has also been in the headlines after celebrity names were revealed to hundreds of thousands of followers.


But what happens when firms find themselves on the receiving end of social media attacks? 

Just a few months ago Chartis, a world leader in risk and insurance, offered a new type of cover that can be provided as part of their Directors & Officers (D&O) insurance.  This cover protects businesses from confidential company information being posted on sites such as Twitter or Facebook. It will pay expenses to help limit any reputation damage that a company suffers, and will protect against financial loss and aim to help prevent shares prices falling.

David Walters, vice president of financial lines, at Chartis, said: "The domination of the global news headlines by Wikileaks' publication of leaked government documents is a vivid illustration of the power of social media. Although the focus has been on government there is, however, no room for complacency for business."

Do you think users should be able to freely tweet away or should there be restrictions to protect business/celebrities and other organisations that could suffer at the hands of social media?  Vote here.


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