I once read for security wallet,
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-walletDo you guys have a better idea to avoid theft in the wallet?
Your Knowledge and Ideas will be more helpful if shared.
Not all wallets stores you Bitcoin on your Device, some of them are being stored online. If youee going to be using a wallet that is like that, you should make sure they have two factor authentication, cause that is very important in securing your wallet and you should also have it activated. Thats one thing I like about some wallets like Blockchain and others like it. And you should also do backup regularly, cause you never what may happen.