Here is an interesting blog with some great recommendations on how a corporate security team could configure security for iOS devices. The blog is written by John Halamka a CIO within the US Healthcare industry. A snippet is below but for the full article take a look here
I’m often asked how IT departments should advise users to secure their iPads and iPhone4′s.
Here’s the process suggested by my security team:
1. Make sure you’re running the latest iOS version (4.2.1 currently)
2. Download “Find My iPhone” (free app) from the Apple App Store. Log in or set up a new Mobile Me account and add the iPad to be tracked. Also try it out from a desktop to make sure you can (as a test) send a message to the device.
3. Make sure the iPad autolocks, requires a long passcode and erases data after 10 failed passcode attempts.
In Settings->General, configure:
a. Auto-Lock: set to something short, like 2-5 minutes (NOT “Never”)
b. Passcode Lock:
1. Turn Passcode On
2. Require Passcode: Immediately
3. Simple Passcode: Off (then set a long passcode)
4. Picture Frame: Off
5. Erase Data: On