Businesswoman stops a chain fall like domino game.In the age of pervasive social media use, viral communications, and twenty-four hour online media, every business event of consequence is discussed or disseminated digitally in some way, and at rapid-fire pace. Business crises are no exception. Whether a business is contending with a “brick and mortar” crisis such as a food or product recall, the misappropriation of trade secrets, or an active assailant, or a more traditional digital crisis such as a data breach or online defamation or an imposter social media account, news of the crisis will likely break on a digital platform before the business teams are even aware of it. In short, now days, every crisis is a digital crisis.

For any modern business, it is not a matter of “if” but “when” a crisis will hit, and the best course of action is to prepare in advance, including addressing all manner of digital risks and consequences, and to stay the course of that preparation in the face of a crisis.

Here are 5 key steps businesses can take to prepare for an impending crisis:

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]