Display formatted text instead of raw text in .json file

This is my json file.

{
      "GroupBy": "Communications / Network Security",
      "IdentifiedRisk": "<b>Are system and <i>network environments</i> protected by a firewall or virtual firewall to ensure business and customer security requirements?</b>"
     
    },

I have to format as bold and italics while it displays in the browser but unfortunately it displays the raw html instead of formatting it.

required output:

Are system and network environments protected by a firewall or virtual firewall to ensure business and customer security requirements?

actual output:

<b>Are system and <i>network environments</i> protected by a firewall or virtual firewall to ensure business and customer security requirements?</b>

How will I format the text/text area?