Is volatility the measure for Risk?

In order to measure risks, one must take into consideration different risk factors which are mostly common.
Time is the most counted risk measure since its well-known that time is money.
Volatility refers to the amount of uncertainty or risk about the size of changes in a security's value over a given time.
In the business world volatility is a statistical measure of the dispersion of returns for a given security.
Commonly, the higher the volatility is, the riskier the security.
A higher volatility means that a security's value can potentially be spread out over a larger range of values.
A lower volatility means that a security's value does not fluctuate dramatically, but changes in value at a steady pace over a period of time.
So yes we can consider volatility is a measure of risk

I believe volatility is a type of risk rather than a measure. The actual measure for volatility is VaR. The VaR approach determines the level of loss a security can be exposed too. You would see this type of measure for Equities.

Risk can be measured with different things And volatilty is one of the factor.