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Modern time delay combination locks can have many functions such as multiple different codes, pre-set time lock settings (open and close times), pre-set vacation times (e.g. Christmas Day), dual code facility, and a full audit trail providing a detailed record of the lock history showing who opened the lock, when and how long it was open. [3] [4]
Some high-end vaults employ a two piece key to be used in conjunction with a combination lock. This key consists of a long stem as well as a short stamp which should be safeguarded separately and joined to open the vault door. [12] A dual control (dual custody) combination lock has two dials controlling two locking mechanisms for the door.
The simplest form of dual key security is a lock that requires two keys to open, with each key held by a different person. The lock can only be opened if both parties agree to do so at the same time. In 1963, Canada accepted having American W-40 nuclear warheads under dual key control on Canadian soil, to be used on the Canadian BOMARC missiles.
A Wordlock letter combination lock.. A combination lock is a type of locking device in which a sequence of symbols, usually numbers, is used to open the lock. The sequence may be entered using a single rotating dial which interacts with several discs or cams, by using a set of several rotating discs with inscribed symbols which directly interact with the locking mechanism, or through an ...
Safe deposit boxes inside a Swiss bank. Safe deposit vault in Joplin, Missouri after the 2011 Joplin tornado, remaining intact despite the destruction of the bank that housed it. A safe deposit box, sometimes referred to as a safety deposit box, is an individually secured container, usually held within a larger safe or bank vault.
Maker-checker (or Maker and Checker or 4-Eyes) is one of the central principles of authorization in the information systems of financial organizations. The principle of maker and checker means that for each transaction, there must be at least two individuals necessary for its completion.
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