Social networking costs UK plc £6.5bn a year

21 Jan 2008

Comment: 1

A Computing logo
Facebook logo
Facebook is costing business billions

The use of social networking sites by employees is costing UK corporations almost £6.5bn a year, according to a poll.

Staff are spending an average of three working weeks per year on such sites, says the poll of 776 office workers by Global Secure Systems (GSS). And some of the companies surveyed said that Facebook consumed as much as 30 per cent of their bandwidth.

Further reading

But banning them can also cause problems, said GSS managing director David Hobson.

"Social networking sites are now integral to the way that many of the latest and youngest recruits into the workforce communicate and work," he said.

Lost working time is not the most serious worry, according to David Lacey, a member of the British Computer Society (BCS) Security Forum.

"Organisations have a very long way to go in getting to grips with the risks, " he said. "Lost productivity is the tip of the iceberg - the threat to sensitive information is real and growing."

Reader comments

Computing

Internet computing and Grid technologies promise to change the way we tackle complex problems. They will enable large-scale aggregation and sharing of computational, data and other resources across institutional boundaries. And harnessing these new technologies effectively will transform scientific disciplines ranging from high-energy physics to the life sciences.

Posted by: Alice Wonder  09 Jun 2008

Have your say on this article

All fields required. Your email address will not be displayed on the site.

By submitting a comment you agree to abide by our Terms & Conditions

Technology Patent Wars

Large companies such as Microsoft, Facebook and Google have been hoovering up technology patents recently. Is this stifling innovation?

88 %

5 %

7 %