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Welcome to Tech News Briefing. It's Wednesday, December 13th. I'm Alex Osala for the Wall Street Journal. Coming up on today's show, an Apple security vulnerability has allowed iPhone thieves to steal much more than the phone itself.

Victims have lost their photos, passwords, even access to their bank accounts.

Now Apple is releasing a new setting designed to stop

thieves from getting access to your digital life. W.S.J. Personal tech columnist

Nicole Nguyen joins us to discuss what the new setting protects and what it doesn't.

Then, crypto exchange FTX recently marked one year in bankruptcy and founder Sam Bakeman-freed has been convicted of fraud.

But where does that leave customers who still have money or tokens on the platform?

W.S.J. reporter Alexander Saeedi joins us to talk about FTX's latest proposed plan to compensate customers and why some of them are against it.

But first, Apple is launching a new iOS setting called stolen device protection.

It's designed to prevent iPhone thieves from taking over customers accounts.

The update follows W.S.J's reporting on a nationwide wave of thefts involving iPhones and an Apple security vulnerability.

The company started rolling out the setting to beta testers yesterday and plans to include it in a future software update.

Here to tell us about it is W.S.J. Personal tech columnist Nicole Nouwen.

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