IPhone Security If Stolen or Lost?

What are the security features to protect an iPhone if it is stolen? What if my passwords are on it?

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  • Will Verizon let me connect a Stolen/Lost iPhone? So I found an iPhone 4, and was wondering if I'm able to connect it to a Verizon Wireless Data Package Plan. I'm not sure if it has been reported stolen, but it's no longer connected so I'm guessing it has been. If I call or bring it in will they let me connect it? Or can I get in trouble for bringing/calling? The more info, the better please, thanks.
  • My iphone has a security code.it was stolen.can the thief unlock it? I don't wan't the thief to use it. Can i do something to permanently deactivate the iphone? Like for example send a virus to destroy it perhaps?
  • Lost an IPhone and reported it stolen.what's next? I lost my iPhone on 4th of July and I'm assuming I left it on the beach and someone took it. I reported it to Verizon and I reported it stolen. Now what does that do? If some try's to put it on their plan will they take it from them or what?
  • Is a stolen iPhone a security risk? I recently lost my iPhone in a cab, which almost certainly means it is lost and will end up in the market. It has an Apple ID on it, and I have used find my iPhone to erase all data. Is there still a way that hackers can access my credit card, or find out my passwords etc?