Apple releases new device protection feature

This week, Apple released a new version of iOS which included Stolen Device Protection, a new feature that adds a layer of security if an iPhone is stolen.

When Stolen Device Protection is enabled, some features and actions have additional security requirements when the iPhone is away from familiar locations such as the home or work to help prevent someone who has stolen the device and knows its passcode from making critical changes to the owner’s account or device.

One example is enforcing a delay of an hour when attempting to change the Apple ID password, which will later require a second Face ID or Touch ID authentication. The security delay can give the owner additional time to wipe their iPhone remotely so that their data (such as credit cards) remains secured.

In late 2022, Chubb partnered with Brazilian digital bank Nubank to offer coverage that protects users against unwanted digital transactions in instances when their phone is stolen.