Tech Xplore on MSN: Generative AI may cut costs in machine-learning systems, but it increases risks of cyberattacks and data leaks Generative AI may cut costs in machine-learning systems, but it increases risks of cyberattacks and data leaks Risks is an international, scholarly, peer-reviewed, open access journal for research and studies on insurance and financial risk management. Risks is published monthly online by MDPI. Definition of risk noun from the Oxford Advanced Learner's Dictionary.

Understanding the Context

[countable, uncountable] the possibility of something bad happening at some time in the future; a situation that could be dangerous or have a bad result. The health risks are very low. The study found a slightly increased risk of cancer in this group. The impurity of the water is a serious health risk.

Key Insights

It was an awful risk to take. Are you prepared to put your children at risk? The benefits of this treatment far outweigh any risks. There are too many risks attendant on such a large investment of money. Definitions of risk range from narrow definitions - risks to people or machinery resulting from hazards - to wide definitions that see risk as any uncertainty of outcome.

Final Thoughts

The diagram at the top of this article shows how risk can be defined in narrow, medium, and broad ways. The policy wording needs to be precise, and certain risks may be excluded from the coverage in order to keep the premium affordable. In individual insurance, each person's risk potential is evaluated to determine insurability. A risk is a person or thing that is insured against as it may be harmed, damaged, or lost.