It’s baaaacccccckkkkkk! Happens every year. March Madness, that is. Everybody loves it. (Well, almost everybody.)

The excitement! The fun! The astounding fast breaks, slam dunks and three-pointers! And oh yes, watching it all unfold on your office computer.

Who could not like it? Well, for openers, the overworked folks who have to worry about workforce productivity, bandwidth costs, security issues and legal risks.

Here’s just one of many worrisome predictions, “FIRST WEEK OF TOURNEY COULD COST $1.8 BILLION.” It comes from the Challenger March Madness Report. The report also states, “The men’s college basketball tournament, better known as March Madness, marks the arrival of several other annual rituals: employee-organized office pools, a potential dip in productivity and a marked decline in Internet speed, as workers soak up bandwidth watching live streaming broadcasts of the tournament games during office hours.”

Not exactly good news for businesses and government agencies during this time of troublesome economic conditions and serious budget worries.

Maybe it’s time to revisit your AUP and rebrief your workers on the negative impact their fun could have on the organization and ultimately on their own job security. And if your organization doesn’t already have a robust Internet usage management solution in place, it may just be time to look into it seriously.

Wavecrest’s Control List includes CBSSports.com and NCAA.com under the Sports category, and for those using Cyfin, access to these sites will be monitored under Sports. If you want to only block and/or monitor the live video, you can create a custom category to block and/or monitor www.ncaasports.com/mmod/player.