Risk is increased when harm or damage is realised and when an entity is likely to encounter a hazard in some process. The probability of this disposition being realised can be assigned on the information or data level.

risk

A disposition of a bearer to realise one or more of its vulnerabilities when participating in a process which exposes the bearer to a hazard or combination of hazards.

The possibility that an entity's vulnerabilities will be realised when exposed to a hazard.