It's not hard to figure out why Lookout is adding the Theft Alert feature to its mobile offering: smartphone thefts are on the rise. The company's own internal survey indicates that one in ten smartphone owners are the victims of smartphone theft, with 68 percent of the users it surveyed being unable to recover their stolen phones. Increased smartphone thefts have pushed lawmakers to introduce mandatory kill-switch proposals, with one such law making its way through California's legislature.
The Theft Alert feature is included in the Premium version of Lookout's mobile app, which costs $3 a month or $30 a year. In addition to Theft Alert, Lookout Premium users have access to safe browsing, privacy advisor, and enhanced backup features. The free version of Lookout lets users scan apps for malware, back up their call history and contacts, and locate missing devices.
Lou says existing Lookout Free users will get the chance to try out the Theft Alert feature until the end of September.
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