NU Online News Service, June 29, 1:57 p.m. EDT

Given the phenomenal budget challenges faced by the federal, state and local governments, the U.S. must adopt a cohesive and adaptable Enterprise Risk Management (ERM) strategy in order to avoid becoming the next Eurozone, a risk expert says.

Doug Webster, president and co-founder of the Association for Federal Enterprise Risk Management (AFERM) and founder, Cambio Consulting Group, speaking at a panel during the first-ever World Risk Day virtual summit, held June 25, says the U.S. federal government is rampant with unmanaged risks.

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