McAfee Report: Social Media Scares Businesses, Distracts Employees and Costs Millions

Web 2.0 applications such as social media sites and content sharing tools scare businesses, distract employees and cost them millions of dollars. That’s the topline of a new study from computer anti-virus giant McAfee that found 50 percent of businesses cite security as their primary concern for Web 2.0. The survey also found, however, that business executives see Web 2.0 as a way to boost productivity and create new revenue streams. And so, the debate continues, what is the role of social media and technology in the workplace?

The report, called “Web

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