As a result Samsung announced it will add two protection schemes: “Reactivation Lock” and “Find My Mobile” in its soon to be released smart phone Galaxy S5. The company hopes that these two anti-theft features will make the phone less of a target for any thief. The phone will go on sale next week and Samsung’s decision could have come in a better time-frame as earlier this week a bill that would require mobile phones being sold to be equipped with anti-theft devices next year if passed.
Related to Samsung’s view on smartphone security the company had the following to say: “Samsung takes the issue of smartphone theft very seriously, and we are continuing to enhance our security and anti-theft solutions”. Phone theft is a real problem world-wide and U.S. is no exception. According to a recent U.S. study close to one in three robberies involves a mobile phone being stolen. Just in 2012 this accumulated to a $30 billion cost for consumers.