Downplay (verb)

1. Minimize the importance or emphasis of something.
2. To play down the significance of an event, issue or problem.

Origin:

Late 19th century: from down- "down" + play.

Examples:

1. The company downplayed the significance of the data breach.
2. The government downplayed the impact of the new policy.
3. The athlete downplayed the injury as minor.
4. The scientist downplayed the importance of his findings.
5. The manager downplayed the chances of getting the project done on time.