It does not, but when worn so close to the body, it would be hard for anyone to cut the strap without severely harming the individual. Robbery and assault are two very different crimes.
That little elastic strap is no where near secure enough to hold a firearm.... Whish you guys offered a better even addon solution like a wrap around Velcro holster that adjusts to the size of the gun and securely holds it in place while protecting the trigger. I got one that was $14 and it makes the pack much better and safer