If so then were is it installed on your publicly accessible website. If the location is where the documentation states not to put it, or in other popular locations then you can easily become open to an attack. The following are apache logs of a simple hacker test to find a potential security hole on a new IP public address for a client.
My advice is never have PHPMyAdmin accessible by default. You should use HTTP authentication, firewall rules and additional security practices all to protect any level of access to your data.
78.111.81.180 - - [02/Feb/2011:05:29:24 -0500] "GET //phpmyadmin/ HTTP/1.1" 401 290 "-" "Made by ZmEu @ WhiteHat Team - www.whitehat.ro" 78.111.81.180 - - [02/Feb/2011:05:29:24 -0500] "GET //phpMyAdmin/ HTTP/1.1" 401 290 "-" "Made by ZmEu @ WhiteHat Team - www.whitehat.ro" 78.111.81.180 - - [02/Feb/2011:05:29:24 -0500] "GET //pma/ HTTP/1.1" 401 290 "-" "Made by ZmEu @ WhiteHat Team - www.whitehat.ro" 78.111.81.180 - - [02/Feb/2011:05:29:24 -0500] "GET //dbadmin/ HTTP/1.1" 401 290 "-" "Made by ZmEu @ WhiteHat Team - www.whitehat.ro" 78.111.81.180 - - [02/Feb/2011:05:29:25 -0500] "GET //myadmin/ HTTP/1.1" 401 290 "-" "Made by ZmEu @ WhiteHat Team - www.whitehat.ro" 78.111.81.180 - - [02/Feb/2011:05:29:25 -0500] "GET //phppgadmin/ HTTP/1.1" 401 290 "-" "Made by ZmEu @ WhiteHat Team - www.whitehat.ro" 78.111.81.180 - - [02/Feb/2011:05:29:26 -0500] "GET //PMA/ HTTP/1.1" 401 290 "-" "Made by ZmEu @ WhiteHat Team - www.whitehat.ro" 78.111.81.180 - - [02/Feb/2011:05:29:26 -0500] "GET //admin/ HTTP/1.1" 401 290 "-" "Made by ZmEu @ WhiteHat Team - www.whitehat.ro" 78.111.81.180 - - [02/Feb/2011:05:29:26 -0500] "GET //MyAdmin/ HTTP/1.1" 401 290 "-" "Made by ZmEu @ WhiteHat Team - www.whitehat.ro"
If you are an administrator, 78.111.81.180 should be added to your blacklist permanently.
I should also state I do not use PHPMyAdmin on public servers, and also note the 401 response.