The answer for your question:
>>> mystring = "Safety/Report/Image/489"
>>> mystore = mystring.split('/')
>>> mystore
['Safety', 'Report', 'Image', '489']
>>> mystore[2]
'Image'
>>>
If you want to store data from more than one string, then you have several options depending on how do you want to organize it. For example:
liststring = ["Safety/Report/Image/489",
"Safety/Report/Image/490",
"Safety/Report/Image/491"]
dictstore = {}
for line, string in enumerate(liststring):
dictstore[line] = string.split('/')
print dictstore[1][3]
print dictstore[2][3]
prints:
490
491
In this case you can use in the same way a dictionary or a list (a list of lists) for storage. In case each string has a especial identifier (one better than the line number), then the dictionary is the option to choose.