The idea of sensitive company data flying through the airwaves to computing devices the company doesn't own is enough to make most compliance officers' blood pressure rise.

Sooner or later, however, many of them will face this exact scenario. With the phenomenon of BYOD—bring your own device—most companies have had to make a decision to either let employees use their own tablets, mobile devices, and other personal electronic equipment for work or ban their use completely.

At some companies it might be too late to turn back the clock on prohibiting the access of business data on personal devices. “Honestly, ...