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Enroll an iOS device via MDM and apply passcode policy with "maxFailedAttempts" setting enabled https://developer.apple.com/documentation/devicemanagement/passcode
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Now when the user attempts to unlock device exceeds above "maxFailedAttempts" - the device gets wiped. Now the administrator is unaware of this event.
It would be helpful to get an message/DDM status from device to notify the MDM server that device is wiped due to incorrect passcode attempts.