Why Losing Your Phone Is Worse Than Losing Your Wallet


Technopreneurph

There has been a recurring thought concerning mobile phone security that has been on my mind lately, and as I have been discussing it with clients, it is beginning to make me nervous to know that others out there may not be as aware.

It started with this article I read that discusses the lack of support from mobile phone carriers for a ?kill switch? for our smartphones in case they are stolen. Why? Cell phone thefts currently account for 30 to 40 percent of all robberies nationwide, and cost U.S. consumers more than $30 billion in 2012 according to data from the Federal Communications Commission. Wireless carriers are generating a substantial amount of revenue through their insurance programs offered for smartphones. If our phones had a ?kill switch? (a means of completely disabling the phone), then there would be virtually no incentive for criminals to take them. As a result…

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