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Reset the phone and restore from backup

Not possible, it is now a paper weight. Found this out when a disgruntled employee “forgot” the passcodes to several devices before quitting.

That happens when you can’t access the Apple account that has the activation lock for the device. You don’t need the device passcode to reinstall it.

Seems like it would be safer to enable wipe device after 10 wrong entries than allowing the exponential time out to increase