Earlier quoted context omitted.
> And lastly, if someone steals your phone, with your a mail client on it, it is way easier for identity theft to occur, not harder. How exactly is this true? I encrypt my phone's hard disk and I encrypt all of my SMS communications (locally) with https://play.google.com/store/apps/details?id=org.thoughtcri... It's no harder than if someone steals your laptop. The same measures you would use on a laptop (FDE, TLS) ar…
Because a common tactic kids are using ATM is a simple snatch and grab, right out of peoples hands. Heaps easier than taking a laptop as you might be standing in a crowd, they can approach you with speed, shunt you off balance and are gone. Phone doesn't lock while they run with it as they are touching the screen, they get away from the user and disable the security features. You are compromised, phone is compromised…
I don't doubt that this is a real threat for sure, but there are measures you can take to prevent it from happening.