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Is a php/mysql web application secure in a password protected folder on a (reputable) hosted server?

Thanks for any insight you can provide!

+1  A: 

Not if the person hacking you has your password.

Make sure your hosting provider is taking measures against hacking attempts, also that there are firewalls on their networks. I have read a tutorial about safe PHP Coding practices and it is awesome. Check it out:

http://www.addedbytes.com/php/writing-secure-php/

Good Luck.

Chris B.