A magnetically actuated authentication and unlocking system is provided that is particularly suited for integration into a firearm, but that can also be incorporated into any device that requires an operator to hold a grip, handle or stick controller. The system includes a locking mechanism that is installed in a device and an unlocking mechanism that is preferably incorporated into wearable gear, such as a glove. The system utilizes magnets in the locking mechanism and unlocking mechanism, such that when a user wearing an unlock mechanism encoded with the correct magnetic “key” holds the device with the locking mechanism, the locking mechanism unlocks the device.