Overclocking is a process of increasing the operating speed of a processor or other hardware component beyond its manufacturer-specified limits. While it can improve the performance of a system, there are risks associated with overclocking that should be considered before engaging in this practice. Excessive heat levels, voltage limits, and power consumption can all cause permanent damage to components if not properly managed. Additionally, overclocking may void any warranties from the manufacturer and carry further legal implications depending on regional laws. Users need to understand and accept these risks before attempting to overclock their systems.