A security device includes a mechanism for attaching the security device to an article of merchandise. A circuit module containing a central controller is contained in the security device and monitors the attachment mechanism to sound an audible alarm contained in the security device if the integrity of a sense loop in the attachment mechanism is compromised. A trigger circuit also actuates the audible alarm if the security device approaches the vicinity of a remote security gate. An EAS tag contained in the security device actuates a security gate alarm upon the unauthorized passage of the article of merchandise through the gate. Other sense loops will actuate the audible alarm through the central controller if a switch within the security device is actuated or when an unlocking mechanism or verification device is used on the security device.