Apple and Samsung are among the smartphone makers that have agreed to comply with CTIA's guidelines calling for a "kill switch" that renders devices useless if lost or stolen. The agreement will take effect in July 2015, and for Apple, it won't involve much more than it already offers through its Find My iPhone feature.
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Tools to help smartphone owners protect their personal information if the device is lost or stolen are great, but it doesn't seem like Find My iPhone has done much to reduce iPhone thefts. It may be a little myopic for companies and law enforcement agencies to think that will change come July 2015.