Step 1: Understanding the Concept:
We are required to find the second derivative of one function with respect to another, i.e.,
\[
\frac{d^2 u}{dv^2}
\]
where
\[
u = \sec^{-1}\left(\frac{1}{2x^2 - 1}\right),
v = \cos^{-1}(2x^2 - 1)
\]
Step 2: Key Identity:
Using the identity:
\[
\sec^{-1}\left(\frac{1}{z}\right) = \cos^{-1}(z), \text{for } |z| \leq 1
\]
Step 3: Simplification:
Let $z = 2x^2 - 1$. Then,
\[
u = \sec^{-1}\left(\frac{1}{2x^2 - 1}\right) = \cos^{-1}(2x^2 - 1)
\]
But
\[
v = \cos^{-1}(2x^2 - 1)
\]
Hence,
\[
u = v
\]
Step 4: First Derivative:
\[
\frac{du}{dv} = \frac{d}{dv}(v) = 1
\]
Step 5: Second Derivative:
\[
\frac{d^2u}{dv^2} = \frac{d}{dv}(1) = 0
\]
Step 6: Final Answer:
\[
\boxed{0}
\]