The FCC said smartphone manufacturers will also implement automatic prompts that encourage users to lock their devices with a password. The industry has also agreed to create a campaign educating consumers about how to protect their cellphones and to release quarterly updates on their progress.
Officials wouldn't say how much the initiative would cost.
"It certainly won't be without costs, but we don't think about cost in this context," said Guttman-McCabe.
"This is about safety and security," he added.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.