Current MDM frameworks, unless using some kind of container approach, will always play catch-up to hackers wanting to bypass the controls enforced to their phones, as highlighted in the following article describing how to get around Airwatch’s MDM restrictions.
The conclusion of that article is spot on:
“MDM solutions are great for employers to manage mobile devices. However, they are not without their problems. Not only was I able to bypass compliance for having a rooted device, but I was also able to bypass the need to encrypt my device from the profileGroupSetting table. Bypassing compliance restrictions for AirWatch is relatively trivial after a few hours and I’m sure it is probably similar with many others MDM solutions.”
An MDM container approach will only ensure your corporate data does not leave that secured container and stays safe wit...
>>[READ MORE]

Mobile Device Management Limitations
A story about Password: The Wrong Formula
A new iOS 6.1 hack
SANS 575: Mobile Device Ethical Hacking Review
Is there a bug with McAfee