The phone is of little value to the thief, what is more valuable is the data.
A friend had a phone stolen when someone broke into her car, she didn't know for an hour or so.
From then on it is a well oiled machine,
The phone is hacked and within an hour it had been used to obtain hundreds of pounds in cash from a shop in a dodgy area of town about 4 miles from where she was (probably part of the machine), transfer thousands from her bank accounts, cancelled various insurance policies, messed with her pension, cancelled a holiday and ordered goods online.
This is why I never use either of my mobile phones to buy / pay for goods and services using apps or the interwebs. Phone security (not much better for tablets) is normally meagre (severely cut-down versions [even paid-for apps] or non-existent) when compared ro those designed for laptops and desktop computers.
I also never store any personal data other than temporarily for things like receipts, codes / QRs, etc, to pick up orders and gain entry to cinema showings, then they get permanently deleted.
Most people don't even bother with security software on phones and tablets, and an increasing number of people don't either for their laptop / desktop PCs, which in my view is really daft and asking for trouble.
The smart criminal will always seek out your weakest link. This is also why I believe that the move to doing things 'digitally' via apps and digital currencies instead of credit cards using chip and pin only or cash is going to lead to a huge increase in scams and ID theft-related crime, never mind all the implications as regards privacy and censorship / 'cancellation' because of your opinions.
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