As the Head of IT Security for ThorTeaches.com, you are responsible for evaluating the potential risks of allowing employees to BYOD (Bring Your Own Device) to work. After conducting a thorough risk assessment, you have determined that the main risks associated with BYOD include data breaches, malware infections, and lost or stolen devices. However, ThorTeaches.com is facing pressure to implement a BYOD policy in order to stay competitive in the market. What is the best approach to managing the risks associated with BYOD?