Phone theft is now commonplace in London. The Met Police recently revealed that it seizes 1,000 stolen phones weekly as it cracks down on organized criminal networks driving the £50 million trade. Nationally, cases have doubled to 83,900 annually. The real issue, though, isn’t the losing of a phone – it’s what happens next. Thieves are after the valuable digital assets inside the phone. With the proper access, a stolen phone becomes an all-access pass … More → The post The UK’s phone theft crisis is a wake-up call for digital security appeared first on Help Net Security.
If they can get into banking apps, stock trading apps, contacts etc etc its well worth the time breaking in. The actual theives are indeed dumb fuck low lives but its who they sell it to who can cause the damage, they often use leaked police tools to get access into phones to then abuse whats inside to their hearts content.
(This is also why its smart to use OSs like graphene OS which locks down the USB port)