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How can I safe guard data if an employee loses their mobile device?

How can I ensure that if one of our employees loses his mobile device (notebook, Tablet, PDA, Smartphone) all our corporate data is not in the hands of someone who will misuse the information?
This is one of the most vexing challenges that confront any mobility solution. The only way to ensure a consistent deployment of corporate data security policy to all mobile devices is to take a platform based approach to the development, deployment and ongoing management of mobile data applications. The platform should have a central, policy based mechanism for the application of encryption, access control and provisioning (data, content and application distribution and management). Strong platforms also provide policy capability to erase and lock down data, content and applications when employees leave the organization or should a mobile device be stolen or misplaced.

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