A security device for preventing theft of a hinged electronic product comprising a band that is inserted through the open area about the hinge of the product and a pair of anchor assemblies that are attached to the ends of the band. Alternatively, the security device may include a cable that extends about the hinge and is secured in an anchor assembly. A tether or cable attaches the security devices to an object to permit the hinged product to be moved over a limited distance. The security device also is connected to an alarm system so that removal or tampering with the band or cable activates the alarm. Filaments and contacts may also be used to detect the presence of the band within the second anchor assembly. An indicator may also provide notice when the security device is armed and/or tampered with.