Spam emails pose the risk of lost productivity when deleting them, infecting the network with viruses from incoming emails and infecting other networks from viruses in outbound emails with the accompanying embarrassment and potential legal liability.
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Personal surfing poses the risk of lost productivity, legal liability and malware installed on the network with the associated risk of breach of confidentiality.
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File sharing poses the risk of exposing confidential information to unknown parties.
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Instant messaging allows users to transmit information undetected, and effectively punches a hole in the firewall, potentially exposing the client machine to unauthorized access through security vulnerabilities in the IM application itself.
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Internet telephony uses your bandwidth for other people’s needs.