According to the linked article it prevents the use of Samsung Pay and access to the Secure Folder (an extra layer of security you can enable that requires a second PIN to be input before you can access certain apps and files). This seems pretty reasonable, the goal is clearly to prevent access to especially sensitive data if someone has stolen the phone.
Yep, Samsung Knox is the feature name; does it actually prevent things or is it just “tamper evidence” for corporate devices?
According to the linked article it prevents the use of Samsung Pay and access to the Secure Folder (an extra layer of security you can enable that requires a second PIN to be input before you can access certain apps and files). This seems pretty reasonable, the goal is clearly to prevent access to especially sensitive data if someone has stolen the phone.