Lost Smartphones Used to Mean Identity Theft, Revealed Secrets and Compromising Photos on the Web.

"With the rise of the smartphone, peril and risk come with convenience and opportunity. Blackberry apps including Bank of America, PayPal and Documents to Go, while illustrating the power of the smartphone, also highlight the risk a lost or stolen device could represent through compromised bank accounts or identity theft, not to mention the loss of sensitive business information. While as a subscriber, you can set a strong password on your phone, many, if not most, fail to do so. With [InnoPath's] ActiveCare for the Blackberry, phones can be remotely locked and wiped by the operator, helping mitigate the risk associated with a lost or stolen phone."