Parameter

code

   Specifies the category of protection to be assigned by default
   to all files subsequently created by the current process.
   To override this protection, you must specify an explicit
   protection using either the SET SECURITY /PROTECTION command
   or the /PROTECTION qualifier on the CREATE command. If you do not
   specify a protection code, the current default remains unchanged.

   The protection code is made up of the following components:

   o  Ownership category-system (S),  owner (O), group (G),  or
      world (W).  Each category can be abbreviated to its first
      character.

   o  Access category-Read (R),  write (W), execute (E),  or delete
      (D).  The access category is assigned to each ownership
      category. A null access specification means no access.

                                  NOTE

      Use the SET SECURITY/PROTECTION command to reset security
      characteristics of the directory or file.