This post is more than 2 years old.
I'm not quite sure I'd call this a security risk, but it is something you should be aware of. I typically use this line in my open source applications to ensure that debug information doesn't show up, even if the server has it enabled:
This will suppress any debugging information from showing up in the browser. However - it doesn't seem to work with ColdFusion Ajax debugger. If the Ajax debugger is enabled in the ColdFusion Administrator and if you pass ?cfdebug=1 in the URL, it will always show up, even with the setting. (A bug is already filed with Adobe on this one.)
FYI - this was logged as bug 70324.