Risk velocity measures the time between risk trigger and full impact manifestation, distinguishing slow-developing risks from rapid-onset threats. High-velocity risks require immediate response capabilities, continuous monitoring, and pre-positioned mitigation plans. This dimension complements traditional impact and likelihood assessments by adding temporal urgency. Organizations track velocity through early warning indicators and scenario timelines. A financial institution classified cyber risks as high-velocity (hours to impact), regulatory risks as medium-velocity (months), and strategic risks as low-velocity (years), adjusting their monitoring frequency and response protocols accordingly.