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Both of these states are internal and state of mind. As they are state of mind, they influence the way we perceive the world around us. According to Oxford dictionary, this is the meaning of Security:

The state of being free from danger or threat (of any kind).

We need to be naive to disagree that true security is more cliché then reality. We live a life which is influenced by billions of factors on moment by moment basis. Is it practically possible to be free from all threats and dangers?

I guess we all know the answer. No, we can’t be free from the threats or dangers totally. However what we can and usually do is manage these threats and dangers as and when they arise, to our best capacity at that given moment. Now new angle has been added. Same person can be better or ill suited to handle a challenge on any given moment. It means, it is not only the capacity and smartness to defend ourselves and our interest but also timing is important. In short, playing defensive is the name of the game. Fear is the key emotion. You may be rich or poor, powerful or common man, but affected by fear. Big business owners and political leaders are good example for this aspect.

On the contrary, freedom is defined in Oxford dictionary as :

The power or right to act, speak, or think (or do) as one wants

Here being comfortable in your own skin is the key emotion. You may be rich or poor but feeling of freedom reflects in your day to day response. For example, Sachin Tendulkar may be very rich and famous but is he free to do what he wants?

You may or may not have much provision to deal with what life may throw at you but you are sure that whatever comes your way, you will deal with it as it comes. As a matter of fact one can never be completely prepared for what future holds for us.  Normally freedom brings joyful state naturally. In such state, what is done is enjoyed. Many new ideas are created in such state of mind. It is natural that you would be more present focused than anything of past of future.

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