Look - nothing is 100% secure. One of the biggest reasons to host your own WordPress installation (http://relt.us/host) is because when WordPress.com gets hacked the entire site gets hacked - your site becomes vulnerable.
Chances are the hackers won't care too much about your WP install on your self-hosted account. Not to mention you have total control over what your WP can do - as in you can install your own plugins and you're not just limited to what Automattic allows you to access.
Amplify’d from threatpost.com
S
ervers belonging to Automattic, which makes the popular Wordpress blogging software, say that their servers were hacked and that the company's source code is believed to have been "exposed and copied," according to a company blog post Wednesday.
See this Amp at http://amplify.com/u/bz4n2
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