Crisis Management Services & Incident Response

In Forensic & Integrity Services

Our Forensics Crisis Management Services team has deep experience helping clients navigate various crises – from dealing with sensitive regulatory investigations to accessing grants and federal funds around major events or data issues, we team across EY service lines to work with clients and their counsel every day to prepare for, respond to and remediate around important events.

Emerging Trends in Crisis Management

Today’s interconnected business landscape poses serious risk for sanctions exposure that can result in significant financial penalties and impact reputation. Newly imposed sanctions relating to Russia significantly ramp up this risk, affecting clients from all sectors and geographies. Crisis management and sanctions issues to consider include funds transference, loans, trade finance, correspondent banking, joint ventures, extended customer base, distribution and supply chain networks. Our global EY network can help protect your business from risk of a crisis and provide proactive solutions to remediate business disruption.

Sanctions compliance

Investigations

Crisis management

EY Forensics Crisis Management Services and Incident Response team can help your organization proactively protect against risks as well as help manage any crisis that disrupts your business.

Type of crisis

Confrontation

Confrontation

When discontented individuals or groups stand up against the actions of an organization

Examples
Strikes, boycotts, protests, ultimatums

 

Malevolence

Malevolence

When individuals or groups express anger toward or seek to gain from an organization

Examples
Cyber attacks, product tampering, malicious rumors, espionage

Misdeeds

Misdeeds

When organisations are impacted by the considered actions of their own people, or customers

Examples
Fraud, corruption, money laundering



Technological

Technological
When organizations are impacted by faults in their own systems or by human error

Examples
Software failures, industrial accidents, oil spills

Man-made

Man-made

When organizations are impacted by crises triggered by parties outside the organization

Examples
War, terrorism, financial crises, regulatory or legislative change

Natural

Natural

When organizations are impacted by environmental phenomena

Examples
Storms, pandemics, earthquakes, volcanic eruptions

Hidden crises

Crises that are present in the organization but have not been detected (e.g., fraud, financial manipulation)

Creeping crises

Crises that are present, suspected or that develop slowly and are not taken seriously (e.g., regulatory change, cyber attacks)

Sudden crises

Crises that happen without warning and (often) beyond an organization’s control (e.g., disease, terrorism, product tampering)

Bizarre crises

Crises that are impossible to predict. (e.g., airplane crashing into office, food poisoning at C-suite retreat)

Abstract ceiling of modern architecture

Third-party risk management

Companies are looking for expedited support to review third-party exposure based on Russia-related sanctions.

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