Twitter the latest worry for banks?

We've noted here and over on FierceSarbox that new forms of communication are posing problems from a technology policy and compliance perspective. Now more than ever, banks need to be able to capture and store those forms of communication. So what do you do with Twitter? 

Since 2006, Twitter has broken new social networking ground as a combination instant messaging system and discussion board--some call it micro-blogging. Users use the program by subscribing to each other's tweets, which are sent to their Twitter screens. Some Twitter posters develop a large following, and financial services folks see a lot of marketing potential with the technology, reports Bank Technology News. But what about using Twitter for internal use? Financial firms have not embraced the concept wholeheartedly, but IBM and several smaller companies, like Brainpark, are working on enterprise versions. Still, some firms may choose to block access, for now anyway.

For more:
- here's a Bank Technology News article

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