theres many sides to this story...i agree that companies should be able to do whatever they want, but i'll never agree that it's a good idea to actively restrict people's web browsing like that.
just about all of the reasons stated so far apply, but one thing employers rarely think about when doing this is that the workers will inevitably look for ways to circumvent these restrictions. however they do it, workers will actively look for ways to get around these limitations once they're imposed, and now the IT security guys have to worry about hackers coming from the INSIDE as well as from the outside!
the only situation where i can see that this MIGHT have some merit is when a company's internet bandwidth is so low that they must restrict it to cut down usage, or when workers are browsing so much all day every day that they're unable to do any work at all!! today both of those situations are highly unlikely though.
restrictions like this almost always end up working against themselves. it's just like enforcing a very strict password policy, one that requires you to choose a password thats so complex that the average Joe can't remember it and ends up writing it down on a post-it attached to his monitor...the policies enforced by IT actually end up working against 'em in the end.
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