So if your threat model includes the sort of attacker that has a phone exploit or the ability to confiscate it, you should not be using FaceID. Instead, consider using six digit PIN with auto-delete after 10 attempts. Also enable Lockdown Mode And if you use iCloud, enable Advanced Data Protection.
I had to create a shortcut to actually trigger a reboot, as I couldn’t find a reboot option in settings. My iPhone 13 mini on iOS 17.7.1 took 29 seconds.
In environments where shoulder surfing is a concern, I prefer to use the multiple profiles feature: log out of my main profile (which is actually a secondary profile) to completely evict its keys from memory, and switch to a burner secondary profile containing no personal data, which unlocks with my fingerprint for convenience.