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"is high risk" is a correct and commonly used phrase in written English.
It is typically used to describe a situation or action that carries a significant level of potential danger or negative consequences. Example: Investing in cryptocurrencies is high risk and should be approached with caution.
Exact(38)
But that is high risk.
He understands his job is high risk.
There is high risk of injuries for novices.
We know it is high risk for trafficking".
Leaving for the United States is high risk, high reward.
"This is high risk, but you really see the value.
Similar(22)
It is high-risk, he says.
This is high-risk writing.
This is high-risk too.
This is high-risk, high-reward science.
"FutureGen is high-risk," he said.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com