Description: Risk is defined as the possibility of loss or damage when investing or conducting business. In the financial and business realm, risk is a fundamental concept that involves uncertainty about the return on an investment or the outcome of a decision. It can manifest in various forms, including market, credit, operational, and legal risks, among others. Risk management is essential for informed decision-making, as it allows organizations to identify, assess, and mitigate potential risks that could impact their objectives. Risk assessment involves analyzing both the likelihood of an adverse event occurring and the impact it would have on the organization. In the technological context, risk is also related to information security, where vulnerabilities can lead to significant losses. In summary, risk is an inherent element of any activity involving uncertainty and requires a strategic approach for effective management.
