RE: Dangers of letting others have access to your phone

I'm not sure how it's done in other countries but here in the Philippines, we can report a stolen phone to the service provider immediately. Assuming it's a post-paid service. They will block that number.
Or report the IMEI number so the phone itself will be blocked by all telecommunications companies. Then again, I myself, don't list down my phone's IMEI number... but I think I should do that now. hehe