My old job had wipe after 3 (or maybe it was 5) bad pins within N minutes as the required security setting for company phones. The thing I learnt from it is that wiping your phone actually isn't that big a deal and if you've set it up right you can pretty quickly be back up and running.
I'm getting closer and closer to this reality... iphones are basically there, with icloud backup. Have been trying to get less attached to any OS installs, and be fast at building up from a fresh install. Seems hard to even trust your own desktop after a while.
For most people, availability is the key part of security instead of confidentiality, since for them losing their data is both much more likely and much more painful than someone getting a warrant to take their data from Apple.
The stress I had on 3rd attempt just to discover it is actually 5 attempts... Kind of helps being more conscious about having backup of everything regularly
