<p>The present invention provides a theft processing method and apparatus. The method includes: a Machine to Machine (M2M) terminal determines that it is thieved (S102); the M2M terminal performs theft processing (S104), wherein the theft processing includes at least one of the followings: transmitting to an M2M platform the information for indicating the M2M terminal has been thieved and the information for tracing the M2M terminal, dialing an alarm number and broadcasting the information for tracing the M2M terminal. The present invention achieves the effect of processing thefts reliably.</p>