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If the perp has both the phone and its passcode ( without Stolen Device Protection activated), they could reset the Apple ID password, turn off Find My, possibly steal payment info or passwords ...
For example, without Stolen Device Protection turned on, an iPhone thief with your passcode can use that to change your Apple ID password, locking you out of your device.
Apple's new security feature, stolen device protection, prevents iPhone thieves from using your passcode to access critical iOS features.
With the passcode, the perpetrator could reset the owner’s Apple ID password, turn off Find My tracking, change an Apple ID password and a lot more.
Increasingly some online services offer the use of a physical security key or a passkey stored in your password ... on the left-hand ... logged in directly through the iPhone and Mac ...
Apple introduced new security settings in the iOS 17.3 developer beta to prevent thieves from entering passcodes to get your info including account passwords.
Learn how to enable and disable the browser password manager and search your saved passwords in AOL Desktop Gold.
Next, simply toggle off the "Simple Passcode" setting. If you haven't set up a passcode at all yet, you'll first have to select the "Turn Passcode On" option located near the top of the settings pane.