Social media is a compendium of many things – corporate blogs, video-sharing sites such as YouTube, social networks like Facebook, microblogging tools such as Twitter, among others – that leverage the power of the Internet, Web 2.0 and mobile technologies to connect people. While these developments are presenting significant opportunities for companies to connect with their customers and others, they are creating a whole set of new issues for businesses. This issue of Board Perspectives: Risk Oversight provides examples of 10 business risks and summarizes questions directors may want to consider in providing risk oversight.