damage limitation 
noun [mass noun]
Action taken to limit the damaging effects of an accident or error.These are electorally damaging claims and are potentially harmful to responsible and democratic government: clearly, damage limitation was indicated....
- But it wasn't quite right and it was all Ross could do to attempt some damage limitation and just get around safely and pick up a few points.
- In a day of damage limitation, central banks around the world moved to calm markets by pumping an additional $80 bn into markets to ease a possible cash shortage.