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Case studies

Reputational crisis management for a financial services company

Crisis management after a cyberattack that disrupted the operations of a financial institution.

Context

  • The institution suffered a cyberattack that affected its operations
  • CARRALSIERRA stepped in during the critical situation, quickly analyzing the situation and delivering the appropriate messages
  • The impact was mitigated through close communication with key stakeholders and messages and spokespeople that conveyed confidence and calm
  • The institution returned to normal shortly afterwards with no reputational impact

Activities

  • Creation and coordination of a Crisis Committee
  • Development of key messages
  • Development of proactive and reactive positioning statements
  • Spokesperson training
  • Environment monitoring
  • Reporting and recommendations

Results

  • The Crisis Committee remains in place, continuously monitoring reputational risk factors and working on preventing any issue that could affect the organization's reputation
  • Investors, clients and other key audiences were properly informed, mitigating the impact of the crisis
  • The number of clients remained stable despite the situation