Cybercrimes such as phishing scams are presenting recurring and pervasive threats worldwide, especially in the banking industry. Between December 2021 and January 2022, Singapore's second-largest local bank, OCBC Bank (OCBC), encountered its worst phishing scam. The current case study aims to analyze OCBC's crisis management efforts using Coombs' (2019) three-staged approach to crisis management. Findings suggest that OCBC failed to contain the crisis despite its base responses of instructing and adjusting information in the pre-crisis stage. However, the inclusion of compensation in its crisis response strategy coupled with reinforcing strategies had a positive impact on the bank's crisis recovery efforts.
목차
Abstract ABOUT THE CASE METHODOLOGY ANALYSIS OF OCBC'S CRISIS RESPONSE Pre-crisis (December 3 to December 23, 2021) Crisis (December 24, 2021 to January 30, 2022) Post-crisis (31 January 2022 Onwards) DISCUSSION LIMITATION AND SUGGESTION FOR FUTURE RESEARCH REFERENCES Appendix
키워드
Crisis communication managementphishing scamcase studysituational crisis communication theory
저자
Hui Xian Charlene Neo [ Graduate Student, Graduate School of International Studies, Ewha Womans University, South Korea ]
YoungAh Lee [ Associate Professor, School of Journalism and Strategic Communication, Ball State University, USA ]
Corresponding author