Windows SharePoint Services Security Model Fundamentals
MOSS has a robust security model that provides management capabilities for controlling how MOSS is configured in a network, controlling how users access web applications, and controlling user access to content within web applications. The security model integrates seamlessly with:

Microsoft Windows SharePoint Services takes advantage of the following elements that interact with and affect your security for Web site content:
- User authentication
- SharePoint administrators group
- Site groups
- Administrative port security
- Microsoft SQL Server computer connection security
- Firewall protection
Fore more details please visit Microsoft Official Website: Windows SharePoint Services Security Model