Contrary to what others have said, this is not security through obscurity, and depending on how the random folder name is assigned, and how that name is protected, this can be a very secure solution.
First, choose the folder name from a large "space". Due to the size of the number in the question, it looks like that has been done. Personally, I'd choose a number randomly in a range up to between 2112 or 2128, then encode it to text using hexadecimal (base-64 would work in some contexts, but it's not handy for directory names).
The random component should be chosen from a cryptographic quality random number generator.
Then, protect the random name by transmitting and storing it only on secure media. This means, for example, only accessing the contents of the directory over HTTPS. Without SSL, an man-in-the-middle would learn the secret directory name and have unrestricted access.
If this is done by an administrator for their own use only, it's a quick and easy solution. If multiple parties need access to the directory, user names and passwords (which must also be transmitted only over a secure channel) quickly become more convenient because rights can be granted only by an administrator and can be revoked without affecting other users.