The Claims section of this patent application clearly states:
3. The method of claim 1, wherein determining further comprises:identifying a particular activity performed by the current user that indicates suspicious behavior.
4. The method of claim 3, wherein the particular activity comprises one or more of hacking the electronic device, jailbreaking the electronic device, unlocking the electronic device, removing a SIM card from the electronic device, and moving at least a predetermined distance away from a synced device.
Which makes things like jailbreaking and unlocking "a suspicious behavior" and then this will happen:
6. The method of claim 1, wherein the alert notification comprises a general message indicating that an unauthorized user has been detected.
7. The method of claim 1, wherein the alert notification comprises at least a portion of the gathered information.
Ending with:
9. The method of claim 1, further comprising:restricting at least one function of the electronic device in response to determining.
Guess what function that would be. What about the boot process? Or simply blocking phone calls?
And all this while it grabs your "sensitive data":
10. The method of claim 1, further comprising:transmitting sensitive data from the electronic device to a remote storage; anderasing the sensitive data from the electronic device.
To store it remotely? But for who/what [presumably to secure it for us]? I mean. Don't we sync our devices already, or use MobileMe?
It of course depends on how [well] this will be implemented, if any, but it can most certainly hurt peoples privacy. Not to mention people with jail broken iDevices who will keep getting these annoying notifications... to remind you that your device might be stolen. Yeah right.
Note: Our iDevices are not jail broken but factory unlocked.