this is just for discussion how to secure the wallet. I do not think there is a security system and there will be no theft in the wallet.
If you choose your wallet or phone software, you need to be extra careful! Remember that bitcoins are stored inside your device. If your computer or phone breaks down, your bitcoin is gone too! Thieves can also take your bitcoin if it gets access. Consider the following tips to avoid losses:
Perform regular backups regularly
Save the backup on another device like in flash or another computer.
Use the encryption feature
With encryption, each transaction requires a login with a password. This prevents thieves who manage to gain access to your computer.
Do not forget the password
Losing a password equals losing your money! Wallet does not provide a password forgot feature.
Learn more please learn how to secure your wallet here: http://bitcoin.org/en/secure-your-wallet
Do you guys have a better idea to avoid theft in the wallet?
Your Knowledge and Ideas will be more helpful if shared.
actually, most importantly is the keys or the passwords and not the device, you can log in any device all you want as long as you know your access key and passwords, it should be guarded with utmost security features and regularly changing your security pins and keys, and yes wallets are important when you are in crypto trading, would you want it to directly deposited in your bank accounts? im sure you already know that it is impossible, you cannot get your crypto or exchange it to fiats without having any wallet