Remote Wipe for Control Panel Root & Control Panel for iPhone applications has been released. You need to keep track of your device UDID and your username and you can wipe your device from any computer. 

If your device is lost or stole you can wipe the device from your settings. Option to remote wipe is available here. 

Remote Wipe clears all settings and sets them to blank apart from the username to remotewipe. This means the application is now useless to anyone unless you go back to it and enter the vaild information