Smartphones contain much of the same personal data that we store on our laptops. While most of us feel compelled to closely guard our computers, it's hard to feel the same threat of loss about a phone.
From the time cell phones first came out, the worst we had to fear from losing, breaking or having a phone stolen was the cost of replacing it, the hassle of rebuilding a contact list and possibly a battle with the phone company over unauthorized charges racked up by a thief.
Now, with all the information phones can store, so much more is at stake. Learn How to Protect Your Smartphone from Identity Theft in my Financial Edge article for Investopedia.