The Risk Management Principles published by the UK's National Cyber Security Center (2016) are applicable to how people and organisations use and make security decisions about technology. However, there is no 'one size fits all' use case. You, as the security professional, will need to make sensible decisions about how to apply such principles in the context of the goals set by your organisation.

In 500-750 words, provide an in-depth analysis and examples of how these principles are used (or not used) in your current professional environment or in a professional environment you are familiar with. Make critical suggestions on how some of these principles could be better applied.