The document summarizes a virtual roundtable discussion on Facebook threats and opportunities within enterprises. Kristin Burnham from CIO.com presented on how Facebook was initially seen as a major threat due to risks of information leakage, lost productivity, and security issues. However, views have evolved and many enterprises now use Facebook for marketing, managing reputation, and developing social business strategies. The role of CIOs is to lead adoption of social media by developing acceptable use policies and focusing on productivity rather than just risk avoidance.