Still, if you aren't comfortable sharing your location with other people - whether you have security and privacy concerns or just don't want to - you can keep Find My iPhone on and disable Find My Friends. Apples Find My iPhone app is a handy way to locate your lost or stolen iOS. In previous iOS releases, the features were located in two separate apps, so iOS 14 does make it more convenient to switch between the two. The Find My iPhone app lets you track the last known location of your phone, iPad, and laptop, while Find My Friends allows you to share your location with other people and see where they are if they choose to share with you. If you don't want to share your location with your friends, you can still turn off Find My Friends in iOS 14 and keep Find My iPhone turned on.
One of those adjustments: Find My iPhone and Find My Friends have been combined into one app called "Find My." This is an update that is available in iOS 14 as well. Apple in iOS 13 and iPadOS merged the Find My Friends and the Find My iPhone apps into one app that's just called 'Find My,' because it's used for finding whatever you need to find. To help make this decision, you can read up on what Lost Mode does, and see if it will do an adequate job of protecting the compromised iPhone.When Apple released iOS 13 in September 2019, it brought a lot of big changes to the iPhone - and some smaller, subtler ones that you may not notice at first glance.
While searching for your lost device, I don't recommend using the third option in that bottom menu-deleting everything from the iPhone with the Erase iPhone button-unless you're sure the phone is in danger and the private data is at risk of being stolen.