On the Radar: Monday, January 21st, 2008

Reported on CNET Networks:

Social networking costs UK businesses £6.5bn a year, according to a poll conducted by Global Secure Systems and Infosec 2008.

The poll was conducted "amongst 776 office workers, who admitted to spending at least 30 minutes a day visiting social networking sites whilst at work", according to their press release. "The end result is potentially billions of pounds in lost productivity, maintain GSS, plus the extra demand on bandwidth which is an additional cost to a business in terms of efficiency, maintenance and resources."

I wonder what the global costs are?

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