Here's an interesting security design question:

In Los Angeles, the "HOLLYWOOD" sign is protected by a fence and a locked gate. Because several different agencies need access to the sign for various purposes, the chain locking the gate is formed by several locks linked together. Each of the agencies has the key to its own lock, and not the key to any of the others. Of course, anyone who can open one of the locks can open the gate.

What faults do you see with this system?