If you're going out for a night on the town, it's a good idea to keep a condom in your wallet. You know, just in case! Just in case you need to access your documents and files!
There are no real details available about the provenience of this thing, but it seems pretty straightforward: it's a USB flash drive that looks like a condom. I'm not sure how much storage it holds, but I assume that the more space you think you need the more you open yourself up to jokes about overcompensating.