1660s, risque, "hazard, danger, peril, exposure to mischance or harm," from French risque (16c.), from Italian risco, riscio (modern rischio), from riscare "run into danger," a word of uncertain origin.
The Englished spelling is recorded by 1728. Spanish riesgo and German Risiko are Italian loan-words. The commercial sense of "hazard of the loss of a ship, goods, or other properties" is by 1719; hence the extension to "chance taken in an economic enterprise."
Paired with run (v.) from 1660s. Risk aversion is recorded from 1942; risk factor from 1906; risk management from 1963; risk-taker from 1892.
adjective suffix, "full of or characterized by," from Old English -ig, from Proto-Germanic *-iga- (source also of Dutch, Danish, German -ig, Gothic -egs), from PIE -(i)ko-, adjectival suffix, cognate with elements in Greek -ikos, Latin -icus (see -ic). Originally added to nouns in Old English; used from 13c. with verbs, and by 15c. even with other adjectives (for example crispy).
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Harper, D. (n.d.). Etymology of risky. Online Etymology Dictionary. Retrieved $(datetime), from https://www.etymonline.com/word/risky