Have you ever lost or had a cellular phone stolen? Do you remember the anxiety you felt knowing that you had not only lost the device but all the information on it? There are many implications of losing devices containing personal information. These include increased insurance premiums and the risk of having business and private information in the hands of a thief. Since the loss of a device such as a smart phone has far reaching effects, there are prevention strategies that individuals can employ. Additionally, there are solutions available that can help to recover the stolen or lost items.
Implications of losing devices
Loss of intangible information –
There are devices today such as phones and laptops that store a vast amount of personal and business information (e-mails, texts, numbers and addresses). Nowadays, many persons use smart phones as a money management tool to conduct multiple financial transactions (payments, deposits and transfers). In some instances, the smart phone may be even be swiped in a similar manner as a credit card.
Increased insurance premiums –
Insurance coverage is a form of protection against accidents, theft or disasters. Loss of personal and expensive devices such as laptops and phones can result in higher premiums for the customer. Insurance companies now see the coverage of certain items as a greater risk; therefore, a greater premium is required. This means that you will have to find more money in your budget for your insurance needs.
Solutions
The solutions for the protection of valuable personal are two-fold – theft prevention strategies and property recovery solutions.
Theft Prevention Tips
- Avoid walking and texting without being unaware of your environment.
- Keep phone in your bag or pocket as you enter and exit the Metro. If you must have your phone in hand then keep hold it firmly in your hands at all times.
- Hold your bag containing your laptop or notebook close to you or firmly in your grasp. If you have to place your laptop on a table then keep your eye on it at all times.
Property recovery solutions
- Smart phone technology that enhances lockout and remote wipe-out. If the device is stolen, it can be located via a GPS tracker and locked from use. Therefore, the thief will not have access to the phone contents and the police is able to track the phone. The wipe-out option facilitates the erasing of information on the phone once it is reported as lost or stolen.
- Microtrax is an innovative strategy that helps to deter theft and recover items which have been stolen. Microtrax uses microdot technology to be able to track and locate stolen items. Microdots were first used in World War II as a form of covert communication but it has evolved into an identification and theft prevention tool that is able to determine absolute ownership.
Losing intangible personal information is something to be avoided. However, there are instances when you will lose a device containing vital information. Either way, there are theft prevention tips you can follow and property recovery solutions that you can explore.