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Travelers sounds alarm about social-networking risks

Is Travelers thinking about selling Twitter insurance?

The sorta-St.Paul-based insurance giant released a report today intended to alarm businesses about the risks posed by social media.

One in eight adults surveyed said they share information about their professional lives on social networking sites. A little less than a third said it’s OK to post information about their employer as long as it’s true.

“An employee could inadvertently post confidential information that could cause irreparable harm to a business,” Kathy Swendsen, president of Travelers Global Technology, said in the company’s press release.

Travelers recommends developing a social networking policy and communicating it to employees.

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