Newspaper illustrations carrying risk (5)
I believe the answer is:
peril
'risk' is the definition.
(synonyms)
'newspaper illustrations carrying' is the wordplay.
'carrying' says the answer is hidden in the clue.
'PERIL' is hidden in the letters of 'newspaper illustrations'.
(Other definitions for peril that I've seen before include "Source of danger" , "Danger, jeopardy" , "Quest" , "Hazardous situation" , "Immediate danger" .)