A security system and security tag assembly cooperatively operative to restrict unauthorized removal of an article from an area, wherein the security tag assembly is removably attached to the article and includes an RFID component/label configured to encode and retain data associated with the article to which it is attached. A deactivator assembly includes a read component structured to read the article data encoded in the security tag assembly, before or during removal of the tag assembly, wherein the read data is transmitted to a processor for display, storage and/or supplementary processing. One or more portable readers, not associated with the deactivator assembly or processor, are configured to access and display the article data for authorized article control. A review application may be downloaded on communication devices having short range technology and is configured to access the article data to obtain information relating thereto.