I’ve argued in the past that you should use a CMS like Wordpress to run your membership sites. In fact, I described two different ways you can have this set up: a) with an external membership script and b) with a Wordpress membership script.
Recently, however, rayfellars left a comment on my blog saying
Alex Sysoef of HowToSpotter.com totally disagrees and lays out some convincing thoughts on why WP can be a real problem, especially regarding security, for operators of membership sites.
I have to admit, I find his argument very interesting. A bit of a disappointment though since running a Wordpress membership site is just so so so easy.
I’m no programmer, so I don’t know to what extent this proves to be a problem. But Ravi has another very interesting counter argument on why WordPress is the absolute best platform for your membership site.
After reading both sides, it seems that the key to a secure Wordpress membership site is to use a membership software which does *not* have a dependency on the core of WordPress. If that is the case, then my current setup that I describe in Building A Membership Site with WordPress would be just fine. 
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Bina,
I also think that “for some” people who are technically savvy an exception can be made. Meaning that if a person can fix the code himself or herself and actually willing to do it WHEN necessary – it can be an exception.
My main point was – evaluate your option and choose what you are willing to do – spend time running business or supporting script that runs your business
Ravi did have an excellent point that actually fit exactly into the model I personally recommended.