What kind of security risk do you have in mind?
http://www.vincentcheung.ca/jsencryption/
A lot of ciphers have been ported to JavaScript now:
If you want to password-protect your paste, you are free to pass it through GPG before posting it. Much better security than trusting a third party's JS library which may have been modified in transit or even contain a back door.
http://news.ycombinator.com/item?id=2935220
It links here: