With the increase in the use of mobile devices in the workplace, both employer supplied and personally owned, and the major role social media has begun to play in today’s world, businesses face many new challenges with their employees. Social media may be seen by some employers as a virtual Pandora’s Box. Though it may seem to hold bountiful riches, employee posts can unleash a firestorm of unforeseen challenges and consequences ranging from financial, to legal, to ethical. In looking at business use of social media, this article will discuss the prevalence of social media use, possible legal liabilities thereof, and policies to consider.