I am assuming that when flying with any controller, that the NEO is the same as any other recent DJI drone - you need to be logged into an account to use it. So if you loose your NEO or it gets stolen then someone else cannot use it with a controller since it has to be logged in to the users account, but what about the Quick shot modes that you choose from the drone itself? It seems to me that if someone stole/found your NEO they could still use it as long as they don't connect it to a controller or phone.
Chris
Chris