According to Money.com, one in ten Americans has had a Smartphone stolen. Three actions to take:
1. Protect your information by setting a security pin.
2. Back up your data in the cloud.
3. Upload an anti-theft app and use it to locate your phone and erase your data within 30 minutes of the loss. You can recover the data if your phone is recovered (see, 2above).
Money Magazine, July 2014