Any metal can be defeated with a cutting torch or a grinding tool. How much time is a factor.
Abus fold lock is too short to fit around a light pole or a gas meter. Suitable for people living in mega-civilized cities with bicycle tethers everywhere. The only ones we have here secure the front wheel, whoopie. You get your $50 wheel back when the bicycle is gone.
I'm using this stainless steel sling
https://www.mcmaster.com/8942T14 which weighs about 5 lb in the 6' variety or 190 cm. .375" diameter or 9.4 mm. 2 years parking on the street & at store cart racks, nobody has fooled with it yet. Stainless is a ***** to cut with a bolt cutter , doesn't grind well because it won't burn, and won't burn like ferrous steel in an acetylene cutting torch. Has to melted to drops by brute heat. If you're still concerned buy the .500" version or 13 mm.
https://www.mcmaster.com/8942T15 which should take 70% more time to grind through than the 3/8" one. The advantage of cable over chain, there is only one steel length to carry, not two. Mine rolls up in the pannier bag, hasn't ripped it yet.
I painted mine with handle dip from the same company to prevent scratches on the frame.