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it usually means the ignition cylinder is going bad. I had it go on one of my camaros and it went in a month, my other camaro its been on 3 yrs and still works. just be aware one day you might turn that key and get nothing. It is usually the wires that control the chip in the key tear away from the lock cylinder.

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Q: What does it mean when the security light comes on in a 1994 Camaro?
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