SlideShare une entreprise Scribd logo
1  sur  28
Social Media Compliance: Imperative for
Brand Protection in the Digital Era
with Rachel Strella
www.strellasocialmedia.com
Today’s Agenda
The Impact of Social Media on Brand in
the Digital Era
Is Social Media Monitoring a
Continuous Task
Guidelines to Verify Social Media
Compliance
Part I: The Impact of Social Media On
Brand In The Digital Era
Impact of Social Media in Digital Era
Social media is a two-way form of communication
Impact of Social Media in Digital Era
Communication in real-time poses a challenge
Impact of Social Media in Digital Era
Social media presents unique risks
Impact of Social Media in Digital Era
A social media policy is necessary
Impact of Social Media in Digital Era
Practical and positive use of live communication
Impact of Social Media in Digital Era
Fun use of live communication
Impact of Social Media in Digital Era
The downside of real-time communication
Impact of Social Media in Digital Era
Real-time communication is instant
Impact of Social Media in Digital Era
Human errors occur with live communication
The biggest risk is doing nothing
Impact of Social Media in Digital Era
Part II: Is Social Media Monitoring
A Continuous Task
Risks
• Compliance
• Reputation
• Fraud and brand identity
• Third party
• Employee
• Privacy
• Operational and security
Is Social Media Monitoring Continuous
From July 2013 to July 2014, the average
Fortune 100 firm had…
• 320 social media accounts
• 500,000 posts
• 1,159 employees posting
Is Social Media Monitoring Continuous
Assuming one minute of review per message,
the average Fortune 100 company would spend
8,333 hours per year on a compliance review.
Is Social Media Monitoring Continuous
Banks using social media
for consumer complaints
Is Social Media Monitoring Continuous
New rules from FFEIC:
A financial institution should have a risk
management program that allows it to identify,
measure, monitor, and control the risks related
to social media.
Is Social Media Monitoring Continuous
Failing to monitor social media posts could
also result in some serious consequences
Is Social Media Monitoring Continuous
Part III: Guidelines to Verify
Social Media Compliance
It’s critical to establish a risk management program
Compliance Guidelines
A risk management program should include:
Compliance Guidelines
• Roles and responsibilities
• Policies that address risks
• A process for managing third party
providers
• An employee training program
• A process for monitoring social media sites
• Audit and compliance functions
• Reporting standards
Companies with the right solutions can utilize
social media in a secure environment
Compliance Guidelines
Real-time monitoring technology can:
• Monitor networks
• Capture conversations about the company
• Trace and report customer complaints
• Set keyword searches and post limits
Compliance Guidelines
It’s time to eliminate fear
Compliance Guidelines
Social media is a valuable and cost-effective tool,
but it comes with responsibilities. Ensure your
company is protected.
In closing…
Rachel Strella
Owner, Strella Social
Media
Website:
www.strellasocialmedia.com
Email:
rachel@strellasocialmedia.com
Twitter:
@RachelStrella

Contenu connexe

Tendances

RCBB CCS Case Competition Sample
RCBB CCS Case Competition SampleRCBB CCS Case Competition Sample
RCBB CCS Case Competition Sample
Ryan Kam
 
Social media demographics 512
Social media demographics 512Social media demographics 512
Social media demographics 512
Brian Hopkins
 
Increasing value of brand communities through employee participation
Increasing value of brand communities through employee participationIncreasing value of brand communities through employee participation
Increasing value of brand communities through employee participation
Michael Ling
 

Tendances (20)

Cch social media risk audit control october 29, 2013
Cch social media risk audit control october 29, 2013Cch social media risk audit control october 29, 2013
Cch social media risk audit control october 29, 2013
 
RCBB CCS Case Competition Sample
RCBB CCS Case Competition SampleRCBB CCS Case Competition Sample
RCBB CCS Case Competition Sample
 
Mobile marketing.social media international students
Mobile marketing.social media international studentsMobile marketing.social media international students
Mobile marketing.social media international students
 
FDIC - Social Media - Managing your business risk related to social media
FDIC - Social Media - Managing your business risk related to social mediaFDIC - Social Media - Managing your business risk related to social media
FDIC - Social Media - Managing your business risk related to social media
 
Social media demographics 512
Social media demographics 512Social media demographics 512
Social media demographics 512
 
Mobile marketing.social media international studentsr1
Mobile marketing.social media international studentsr1Mobile marketing.social media international studentsr1
Mobile marketing.social media international studentsr1
 
What's Next & The Buzz Report - Podcamp Toronto
What's Next & The Buzz Report - Podcamp TorontoWhat's Next & The Buzz Report - Podcamp Toronto
What's Next & The Buzz Report - Podcamp Toronto
 
Kastriot Blakaj
Kastriot BlakajKastriot Blakaj
Kastriot Blakaj
 
Using Social Media In HR & Recruiting - Jennifer McClure - Oct 2012
Using Social Media In HR & Recruiting - Jennifer McClure - Oct 2012Using Social Media In HR & Recruiting - Jennifer McClure - Oct 2012
Using Social Media In HR & Recruiting - Jennifer McClure - Oct 2012
 
SAR_2015_Final
SAR_2015_FinalSAR_2015_Final
SAR_2015_Final
 
Social Media Enters the Mainstream: Report on the Use of Social Media in Adva...
Social Media Enters the Mainstream: Report on the Use of Social Media in Adva...Social Media Enters the Mainstream: Report on the Use of Social Media in Adva...
Social Media Enters the Mainstream: Report on the Use of Social Media in Adva...
 
Increasing value of brand communities through employee participation
Increasing value of brand communities through employee participationIncreasing value of brand communities through employee participation
Increasing value of brand communities through employee participation
 
Social Media, It's not a revolution but a way of life
Social Media, It's not a revolution but a way of lifeSocial Media, It's not a revolution but a way of life
Social Media, It's not a revolution but a way of life
 
Social media and your website
Social media and your websiteSocial media and your website
Social media and your website
 
Social media in the workplace
Social media in the workplace Social media in the workplace
Social media in the workplace
 
Acceptable Use Policy: Essential components of a social media policy to manag...
Acceptable Use Policy: Essential components of a social media policy to manag...Acceptable Use Policy: Essential components of a social media policy to manag...
Acceptable Use Policy: Essential components of a social media policy to manag...
 
Adv 492 Presentation1
Adv 492 Presentation1Adv 492 Presentation1
Adv 492 Presentation1
 
Mythbusting Admissions
Mythbusting AdmissionsMythbusting Admissions
Mythbusting Admissions
 
Social Media @Home and @Work: Understanding Who Is Using and Why
Social Media @Home and @Work:Understanding Who Is Using and WhySocial Media @Home and @Work:Understanding Who Is Using and Why
Social Media @Home and @Work: Understanding Who Is Using and Why
 
NCCET Webinar - Community Colleges + Social Media: Get Connected
NCCET Webinar - Community Colleges + Social Media: Get ConnectedNCCET Webinar - Community Colleges + Social Media: Get Connected
NCCET Webinar - Community Colleges + Social Media: Get Connected
 

Similaire à Social Media Compliance: Imperative for Brand Protection

FORUM 2013 Social media - a risk management challenge
FORUM 2013 Social media - a risk management challengeFORUM 2013 Social media - a risk management challenge
FORUM 2013 Social media - a risk management challenge
FERMA
 
120 digital tips latinoamerica ingles burson marsteller
120 digital tips latinoamerica ingles burson marsteller120 digital tips latinoamerica ingles burson marsteller
120 digital tips latinoamerica ingles burson marsteller
B-M Latam
 
Social Media & Crisis Management--C4CS--Schmidt--DRG Interview
Social Media & Crisis Management--C4CS--Schmidt--DRG InterviewSocial Media & Crisis Management--C4CS--Schmidt--DRG Interview
Social Media & Crisis Management--C4CS--Schmidt--DRG Interview
Oliver S. Schmidt
 
Social Media Use in WorkplaceNameInstitutional Aff.docx
Social Media Use in WorkplaceNameInstitutional Aff.docxSocial Media Use in WorkplaceNameInstitutional Aff.docx
Social Media Use in WorkplaceNameInstitutional Aff.docx
whitneyleman54422
 

Similaire à Social Media Compliance: Imperative for Brand Protection (20)

Mapping Organizational Roles & Responsibilities for Social Media Risk
Mapping Organizational Roles & Responsibilities for Social Media RiskMapping Organizational Roles & Responsibilities for Social Media Risk
Mapping Organizational Roles & Responsibilities for Social Media Risk
 
Auditing Social Media SOPAC2013
Auditing Social Media SOPAC2013Auditing Social Media SOPAC2013
Auditing Social Media SOPAC2013
 
Social Media
Social MediaSocial Media
Social Media
 
Risky business of social media
Risky business of social mediaRisky business of social media
Risky business of social media
 
Governing Social Media
Governing Social MediaGoverning Social Media
Governing Social Media
 
FORUM 2013 Social media - a risk management challenge
FORUM 2013 Social media - a risk management challengeFORUM 2013 Social media - a risk management challenge
FORUM 2013 Social media - a risk management challenge
 
Fraud in Social Media: Facing the Growing Threat
Fraud in Social Media: Facing the Growing ThreatFraud in Social Media: Facing the Growing Threat
Fraud in Social Media: Facing the Growing Threat
 
120 digital tips latinoamerica ingles burson marsteller
120 digital tips latinoamerica ingles burson marsteller120 digital tips latinoamerica ingles burson marsteller
120 digital tips latinoamerica ingles burson marsteller
 
120 B-M Digital Tips - Latin America (English version)
120 B-M Digital Tips - Latin America (English version)120 B-M Digital Tips - Latin America (English version)
120 B-M Digital Tips - Latin America (English version)
 
Social Media.pptx
Social Media.pptxSocial Media.pptx
Social Media.pptx
 
Social Media & Crisis Management--C4CS--Schmidt--DRG Interview
Social Media & Crisis Management--C4CS--Schmidt--DRG InterviewSocial Media & Crisis Management--C4CS--Schmidt--DRG Interview
Social Media & Crisis Management--C4CS--Schmidt--DRG Interview
 
Guarding the Social Gates: The Imperative for Social Media Risk Management
 Guarding the Social Gates: The Imperative for Social Media Risk Management Guarding the Social Gates: The Imperative for Social Media Risk Management
Guarding the Social Gates: The Imperative for Social Media Risk Management
 
[Report] Guarding the Social Gates: The Imperative for Social Media Risk Mana...
[Report] Guarding the Social Gates: The Imperative for Social Media Risk Mana...[Report] Guarding the Social Gates: The Imperative for Social Media Risk Mana...
[Report] Guarding the Social Gates: The Imperative for Social Media Risk Mana...
 
Social media risks guide
Social media risks guideSocial media risks guide
Social media risks guide
 
Successful Social Media for Mortgage Lenders: Engage With Your Audience While...
Successful Social Media for Mortgage Lenders: Engage With Your Audience While...Successful Social Media for Mortgage Lenders: Engage With Your Audience While...
Successful Social Media for Mortgage Lenders: Engage With Your Audience While...
 
The social media for emergency management continuum
The social media for emergency management continuumThe social media for emergency management continuum
The social media for emergency management continuum
 
Social Media Discussion Paper
Social Media Discussion PaperSocial Media Discussion Paper
Social Media Discussion Paper
 
Social Media Strategies for Business - Social Media Governance
Social Media Strategies for Business - Social Media GovernanceSocial Media Strategies for Business - Social Media Governance
Social Media Strategies for Business - Social Media Governance
 
Social Media Marketing
Social Media  Marketing Social Media  Marketing
Social Media Marketing
 
Social Media Use in WorkplaceNameInstitutional Aff.docx
Social Media Use in WorkplaceNameInstitutional Aff.docxSocial Media Use in WorkplaceNameInstitutional Aff.docx
Social Media Use in WorkplaceNameInstitutional Aff.docx
 

Plus de Strella Social Media

Facebook, LinkedIn, Twitter
Facebook, LinkedIn, TwitterFacebook, LinkedIn, Twitter
Facebook, LinkedIn, Twitter
Strella Social Media
 
Social Media Return on Investment
Social Media Return on InvestmentSocial Media Return on Investment
Social Media Return on Investment
Strella Social Media
 

Plus de Strella Social Media (20)

Developing an Effective Strategy in Today’s Social Media Climate
Developing an Effective Strategy in Today’s Social Media ClimateDeveloping an Effective Strategy in Today’s Social Media Climate
Developing an Effective Strategy in Today’s Social Media Climate
 
Get REAL: Turning obstacles into opportunities
Get REAL: Turning obstacles into opportunitiesGet REAL: Turning obstacles into opportunities
Get REAL: Turning obstacles into opportunities
 
Personal branding for wedding professionals
Personal branding for wedding professionalsPersonal branding for wedding professionals
Personal branding for wedding professionals
 
Attracting Donors
Attracting DonorsAttracting Donors
Attracting Donors
 
Your Online Presence: Putting Your Best Foot Forward
Your Online Presence: Putting Your Best Foot ForwardYour Online Presence: Putting Your Best Foot Forward
Your Online Presence: Putting Your Best Foot Forward
 
How to use the web to reach prospective employees
How to use the web to reach prospective employeesHow to use the web to reach prospective employees
How to use the web to reach prospective employees
 
Ways to win on social media
Ways to win on social mediaWays to win on social media
Ways to win on social media
 
Social media rules of engagement
Social media rules of engagementSocial media rules of engagement
Social media rules of engagement
 
LinkedIn: Transitioning Contacts to Leads
LinkedIn: Transitioning Contacts to LeadsLinkedIn: Transitioning Contacts to Leads
LinkedIn: Transitioning Contacts to Leads
 
Social Media in Highly-Regulated Industries
Social Media in Highly-Regulated IndustriesSocial Media in Highly-Regulated Industries
Social Media in Highly-Regulated Industries
 
Leveraging LinkedIn for B2B: Transitioning Contacts to Clients
 Leveraging LinkedIn for B2B: Transitioning Contacts to Clients Leveraging LinkedIn for B2B: Transitioning Contacts to Clients
Leveraging LinkedIn for B2B: Transitioning Contacts to Clients
 
Social Media Best Practices for Highly-Regulated Industries
Social Media Best Practices for Highly-Regulated IndustriesSocial Media Best Practices for Highly-Regulated Industries
Social Media Best Practices for Highly-Regulated Industries
 
Create A Brand That's In Demand
Create A Brand That's In DemandCreate A Brand That's In Demand
Create A Brand That's In Demand
 
Social media and the job search
Social media and the job searchSocial media and the job search
Social media and the job search
 
Twitter 201: Take Twitter to the Next Level!
Twitter 201: Take Twitter to the Next Level!Twitter 201: Take Twitter to the Next Level!
Twitter 201: Take Twitter to the Next Level!
 
Facebook, LinkedIn, Twitter
Facebook, LinkedIn, TwitterFacebook, LinkedIn, Twitter
Facebook, LinkedIn, Twitter
 
A Social Media Plan that Works
A Social Media Plan that WorksA Social Media Plan that Works
A Social Media Plan that Works
 
Social Media Return on Investment
Social Media Return on InvestmentSocial Media Return on Investment
Social Media Return on Investment
 
Social Media in Higher Education
Social Media in Higher EducationSocial Media in Higher Education
Social Media in Higher Education
 
End the Semester with a Bang
End the Semester with a BangEnd the Semester with a Bang
End the Semester with a Bang
 

Dernier

Sociocosmos empowers you to go trendy on social media with a few clicks..pdf
Sociocosmos empowers you to go trendy on social media with a few clicks..pdfSociocosmos empowers you to go trendy on social media with a few clicks..pdf
Sociocosmos empowers you to go trendy on social media with a few clicks..pdf
SocioCosmos
 
+971565801893>> ORIGINAL CYTOTEC ABORTION PILLS FOR SALE IN DUBAI AND ABUDHABI<<
+971565801893>> ORIGINAL CYTOTEC ABORTION PILLS FOR SALE IN DUBAI AND ABUDHABI<<+971565801893>> ORIGINAL CYTOTEC ABORTION PILLS FOR SALE IN DUBAI AND ABUDHABI<<
+971565801893>> ORIGINAL CYTOTEC ABORTION PILLS FOR SALE IN DUBAI AND ABUDHABI<<
Health
 
Jual Obat Aborsi Kudus ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cy...
Jual Obat Aborsi Kudus ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cy...Jual Obat Aborsi Kudus ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cy...
Jual Obat Aborsi Kudus ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cy...
ZurliaSoop
 
💊💊 OBAT PENGGUGUR KANDUNGAN SEMARANG 087776-558899 ABORSI KLINIK SEMARANG
💊💊 OBAT PENGGUGUR KANDUNGAN SEMARANG 087776-558899 ABORSI KLINIK SEMARANG💊💊 OBAT PENGGUGUR KANDUNGAN SEMARANG 087776-558899 ABORSI KLINIK SEMARANG
💊💊 OBAT PENGGUGUR KANDUNGAN SEMARANG 087776-558899 ABORSI KLINIK SEMARANG
Cara Menggugurkan Kandungan 087776558899
 
Capstone slidedeck for my capstone final edition.pdf
Capstone slidedeck for my capstone final edition.pdfCapstone slidedeck for my capstone final edition.pdf
Capstone slidedeck for my capstone final edition.pdf
eliklein8
 
JUAL PILL CYTOTEC PALOPO SULAWESI 087776558899 OBAT PENGGUGUR KANDUNGAN PALOP...
JUAL PILL CYTOTEC PALOPO SULAWESI 087776558899 OBAT PENGGUGUR KANDUNGAN PALOP...JUAL PILL CYTOTEC PALOPO SULAWESI 087776558899 OBAT PENGGUGUR KANDUNGAN PALOP...
JUAL PILL CYTOTEC PALOPO SULAWESI 087776558899 OBAT PENGGUGUR KANDUNGAN PALOP...
Cara Menggugurkan Kandungan 087776558899
 
Jual Obat Aborsi Palu ( Taiwan No.1 ) 085657271886 Obat Penggugur Kandungan C...
Jual Obat Aborsi Palu ( Taiwan No.1 ) 085657271886 Obat Penggugur Kandungan C...Jual Obat Aborsi Palu ( Taiwan No.1 ) 085657271886 Obat Penggugur Kandungan C...
Jual Obat Aborsi Palu ( Taiwan No.1 ) 085657271886 Obat Penggugur Kandungan C...
ZurliaSoop
 
Meet Incall & Out Escort Service in D -9634446618 | #escort Service in GTB Na...
Meet Incall & Out Escort Service in D -9634446618 | #escort Service in GTB Na...Meet Incall & Out Escort Service in D -9634446618 | #escort Service in GTB Na...
Meet Incall & Out Escort Service in D -9634446618 | #escort Service in GTB Na...
Heena Escort Service
 
Capstone slidedeck for my capstone project part 2.pdf
Capstone slidedeck for my capstone project part 2.pdfCapstone slidedeck for my capstone project part 2.pdf
Capstone slidedeck for my capstone project part 2.pdf
eliklein8
 

Dernier (17)

Sociocosmos empowers you to go trendy on social media with a few clicks..pdf
Sociocosmos empowers you to go trendy on social media with a few clicks..pdfSociocosmos empowers you to go trendy on social media with a few clicks..pdf
Sociocosmos empowers you to go trendy on social media with a few clicks..pdf
 
+971565801893>> ORIGINAL CYTOTEC ABORTION PILLS FOR SALE IN DUBAI AND ABUDHABI<<
+971565801893>> ORIGINAL CYTOTEC ABORTION PILLS FOR SALE IN DUBAI AND ABUDHABI<<+971565801893>> ORIGINAL CYTOTEC ABORTION PILLS FOR SALE IN DUBAI AND ABUDHABI<<
+971565801893>> ORIGINAL CYTOTEC ABORTION PILLS FOR SALE IN DUBAI AND ABUDHABI<<
 
Content strategy : Content empire and cash in
Content strategy : Content empire and cash inContent strategy : Content empire and cash in
Content strategy : Content empire and cash in
 
Ignite Your Online Influence: Sociocosmos - Where Social Media Magic Happens
Ignite Your Online Influence: Sociocosmos - Where Social Media Magic HappensIgnite Your Online Influence: Sociocosmos - Where Social Media Magic Happens
Ignite Your Online Influence: Sociocosmos - Where Social Media Magic Happens
 
Jual Obat Aborsi Kudus ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cy...
Jual Obat Aborsi Kudus ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cy...Jual Obat Aborsi Kudus ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cy...
Jual Obat Aborsi Kudus ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cy...
 
💊💊 OBAT PENGGUGUR KANDUNGAN SEMARANG 087776-558899 ABORSI KLINIK SEMARANG
💊💊 OBAT PENGGUGUR KANDUNGAN SEMARANG 087776-558899 ABORSI KLINIK SEMARANG💊💊 OBAT PENGGUGUR KANDUNGAN SEMARANG 087776-558899 ABORSI KLINIK SEMARANG
💊💊 OBAT PENGGUGUR KANDUNGAN SEMARANG 087776-558899 ABORSI KLINIK SEMARANG
 
The Butterfly Effect
The Butterfly EffectThe Butterfly Effect
The Butterfly Effect
 
Capstone slidedeck for my capstone final edition.pdf
Capstone slidedeck for my capstone final edition.pdfCapstone slidedeck for my capstone final edition.pdf
Capstone slidedeck for my capstone final edition.pdf
 
Marketing Plan - Social Media. The Sparks Foundation
Marketing Plan -  Social Media. The Sparks FoundationMarketing Plan -  Social Media. The Sparks Foundation
Marketing Plan - Social Media. The Sparks Foundation
 
JUAL PILL CYTOTEC PALOPO SULAWESI 087776558899 OBAT PENGGUGUR KANDUNGAN PALOP...
JUAL PILL CYTOTEC PALOPO SULAWESI 087776558899 OBAT PENGGUGUR KANDUNGAN PALOP...JUAL PILL CYTOTEC PALOPO SULAWESI 087776558899 OBAT PENGGUGUR KANDUNGAN PALOP...
JUAL PILL CYTOTEC PALOPO SULAWESI 087776558899 OBAT PENGGUGUR KANDUNGAN PALOP...
 
Capstone slide deck on the TikTok revolution
Capstone slide deck on the TikTok revolutionCapstone slide deck on the TikTok revolution
Capstone slide deck on the TikTok revolution
 
Jual Obat Aborsi Palu ( Taiwan No.1 ) 085657271886 Obat Penggugur Kandungan C...
Jual Obat Aborsi Palu ( Taiwan No.1 ) 085657271886 Obat Penggugur Kandungan C...Jual Obat Aborsi Palu ( Taiwan No.1 ) 085657271886 Obat Penggugur Kandungan C...
Jual Obat Aborsi Palu ( Taiwan No.1 ) 085657271886 Obat Penggugur Kandungan C...
 
Enhancing Consumer Trust Through Strategic Content Marketing
Enhancing Consumer Trust Through Strategic Content MarketingEnhancing Consumer Trust Through Strategic Content Marketing
Enhancing Consumer Trust Through Strategic Content Marketing
 
Meet Incall & Out Escort Service in D -9634446618 | #escort Service in GTB Na...
Meet Incall & Out Escort Service in D -9634446618 | #escort Service in GTB Na...Meet Incall & Out Escort Service in D -9634446618 | #escort Service in GTB Na...
Meet Incall & Out Escort Service in D -9634446618 | #escort Service in GTB Na...
 
Capstone slidedeck for my capstone project part 2.pdf
Capstone slidedeck for my capstone project part 2.pdfCapstone slidedeck for my capstone project part 2.pdf
Capstone slidedeck for my capstone project part 2.pdf
 
SEO Expert in USA - 5 Ways to Improve Your Local Ranking - Macaw Digital.pdf
SEO Expert in USA - 5 Ways to Improve Your Local Ranking - Macaw Digital.pdfSEO Expert in USA - 5 Ways to Improve Your Local Ranking - Macaw Digital.pdf
SEO Expert in USA - 5 Ways to Improve Your Local Ranking - Macaw Digital.pdf
 
BVG BEACH CLEANING PROJECTS- ORISSA , ANDAMAN, PORT BLAIR
BVG BEACH CLEANING PROJECTS- ORISSA , ANDAMAN, PORT BLAIRBVG BEACH CLEANING PROJECTS- ORISSA , ANDAMAN, PORT BLAIR
BVG BEACH CLEANING PROJECTS- ORISSA , ANDAMAN, PORT BLAIR
 

Social Media Compliance: Imperative for Brand Protection

  • 1. Social Media Compliance: Imperative for Brand Protection in the Digital Era with Rachel Strella www.strellasocialmedia.com
  • 2. Today’s Agenda The Impact of Social Media on Brand in the Digital Era Is Social Media Monitoring a Continuous Task Guidelines to Verify Social Media Compliance
  • 3. Part I: The Impact of Social Media On Brand In The Digital Era
  • 4. Impact of Social Media in Digital Era Social media is a two-way form of communication
  • 5. Impact of Social Media in Digital Era Communication in real-time poses a challenge
  • 6. Impact of Social Media in Digital Era Social media presents unique risks
  • 7. Impact of Social Media in Digital Era A social media policy is necessary
  • 8. Impact of Social Media in Digital Era Practical and positive use of live communication
  • 9. Impact of Social Media in Digital Era Fun use of live communication
  • 10. Impact of Social Media in Digital Era The downside of real-time communication
  • 11. Impact of Social Media in Digital Era Real-time communication is instant
  • 12. Impact of Social Media in Digital Era Human errors occur with live communication
  • 13. The biggest risk is doing nothing Impact of Social Media in Digital Era
  • 14. Part II: Is Social Media Monitoring A Continuous Task
  • 15. Risks • Compliance • Reputation • Fraud and brand identity • Third party • Employee • Privacy • Operational and security Is Social Media Monitoring Continuous
  • 16. From July 2013 to July 2014, the average Fortune 100 firm had… • 320 social media accounts • 500,000 posts • 1,159 employees posting Is Social Media Monitoring Continuous
  • 17. Assuming one minute of review per message, the average Fortune 100 company would spend 8,333 hours per year on a compliance review. Is Social Media Monitoring Continuous
  • 18. Banks using social media for consumer complaints Is Social Media Monitoring Continuous
  • 19. New rules from FFEIC: A financial institution should have a risk management program that allows it to identify, measure, monitor, and control the risks related to social media. Is Social Media Monitoring Continuous
  • 20. Failing to monitor social media posts could also result in some serious consequences Is Social Media Monitoring Continuous
  • 21. Part III: Guidelines to Verify Social Media Compliance
  • 22. It’s critical to establish a risk management program Compliance Guidelines
  • 23. A risk management program should include: Compliance Guidelines • Roles and responsibilities • Policies that address risks • A process for managing third party providers • An employee training program • A process for monitoring social media sites • Audit and compliance functions • Reporting standards
  • 24. Companies with the right solutions can utilize social media in a secure environment Compliance Guidelines
  • 25. Real-time monitoring technology can: • Monitor networks • Capture conversations about the company • Trace and report customer complaints • Set keyword searches and post limits Compliance Guidelines
  • 26. It’s time to eliminate fear Compliance Guidelines
  • 27. Social media is a valuable and cost-effective tool, but it comes with responsibilities. Ensure your company is protected. In closing…
  • 28. Rachel Strella Owner, Strella Social Media Website: www.strellasocialmedia.com Email: rachel@strellasocialmedia.com Twitter: @RachelStrella