BlackBerry Protect Slideshow: Mobile Data Safety for the Masses
Research In Motion's New BlackBerry Protect lets end users manage their own device for safety -- it can help you find a lost BlackBerry, protect its data, and perform backup and restore. Best of all, it's free!
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Remote wipe completely cleans out the BlackBerry. Data can be restored (even on microSD cards), but not most applications. You can restore the data, provided you've backed it up (it asks you whether you want to try to do that before you wipe it), either back to that device or to any device that you make part of your Protect plan.