It looks like you are sending a password via AJAX POST. To your question, my answer would be that you should consider using SSL or encrypt the password prior to sending it via POST. See this answer for an example and explanation SSL Alternative - encrypt password with JavaScript submit to PHP to decryptSSL Alternative - encrypt password with JavaScript submit to PHP to decrypt
As HackedByChinese said, the actual code being stored in your compiled files (DLL) wouldn't be too big of a deal. If you want to be extra paranoid, you can also store the password in your web.config and encrypt it there. Here's an example and explanation of that How to encrypt username and password in Web.config in C# 2.0How to encrypt username and password in Web.config in C# 2.0