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By wiping your data on the lost iPhone, including your Apple ID account, the other user also cannot activate and use the device without the Apple ID and password.
You want to “turn” your lost iPhone into a brick so that other users cannot access and view the data. Refer to the article below of Software.
How to Disable iPhone When Lost
Turn iPhone into a brick when lost
Follow the steps below to remotely wipe all remote data on your lost iPhone, turning iPhone into a brick:
Step 1: Open any web browser on your computer and go to icloud.com.
Step 2: Next, log in your Apple ID account and password. (Bibliography
Step 3: Find and click Find iPhone.
Step 4: The next step is to find and click on the All Devices option located in the top corner and select your lost iPhone.
Step 5: Click on Erase iPhone.
Step 6: On the window displayed on the screen, click Earse to confirm the action.
The above will wipe all data on your lost iPhone, including Apple ID. To activate and reuse the iPhone forces the other user to log
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The above article Software has just shared with you how to turn your iPhone into a brick when it is lost. Hope the above article has provided you with useful information. Besides, if you fall into the case that the iPhone is lost, you try to use one of the ways