Patent attributes
A security device includes a locking member, a ratchet mechanism, and a plurality of cables. The cables are wrapped around all six sides of a box-like article. An attachment clip is releasably snap-fitted into the body of the security device and locked. The ratchet mechanism includes a spool and a locking pawl. A top wall of the housing has a key receiving recess for positioning the key for unlocking the clip from the housing and releasing the spool. The housing has a rotatable handle for manually rotating the internal spool to further tighten the cable about the article after the cable slack is taken up by an internal spring. An alarm system in the housing actuates an audible alarm upon certain unauthorized actions. Insertion of the clip into the housing automatically actuates the ratchet mechanism preventing movement of the cable in the unwind direction and activates the alarm system.