Patent ID: 8499595

Claim:
A security device comprising: a housing; a first cable; a spool within the housing which is rotatable about a vertical axis in a cable-tightening direction to wind the cable thereon and rotatable in an opposite cable-loosening direction to unwind the cable therefrom; a first internal member within the housing which is movable relative to the housing between a lowered locked position which prevents rotation of the spool in the cable-loosening direction and a raised unlocked position which allows rotation of the spool in the cable-loosening direction; a spring which biases the first internal member downwardly to the locked position so that an upward force is required to overcome the downward spring bias to move the first internal member from the locked position to the unlocked position; and an interference member within the housing which selectively prevents movement of the first internal member from the locked position to the unlocked position; wherein the spool is rotatable relative to the interference member.