A theft deterrent system for an electronics cabinet may include a first hasp, which may include a plurality of studs extending from a surface thereof. At least one stud of the plurality of studs may be dimensioned to engage with a padlock ring of the electronics cabinet. The first hasp may have a tab having a shackle hole therein. The theft deterrent system may include a second hasp, which may include a plurality of holes dimensioned to receive a respective one of the plurality of studs. The second hasp may also have a tab having a shackle hole therein. The system may further include a shield retainer dimensioned to surround at least portions of the first hasp and the second hasp. To secure the electronics cabinet, a shackle of a hidden shackle lock may be fed through the shackle holes and the hidden shackle lock may then be locked.