The proliferation of Bring Your Own Device (BYOD) within the modern business environment was as much a matter of timing as anything else. The growth in employee owned devices dovetailed with the global financial crisis. The ongoing consumerisation of IT is creating a shadow IT community, of which CIOs have little or no control. By 2016, a quarter of enterprises will secure access to cloud-based services using a CASB platform, reducing the cost of securing access by 30 per cent in the process.”]
Source: https://informationsecuritybuzz.com/articles/is-cloud-application-control-the-silver-lining/