Although I realize that I should find some way to encrypt my password, I think the SQL task should not be outputting so much data. The task should mark out the Password or not display it at all. This is the output with verbose==false.
[sql] Connection String: Provider=SQLOLEDB.1;Password=P@ssw04D1;User ID=cmuser;Initial Catalog=CMDB;Data Source=ws-craimx12
[sql] Use Transaction: True
[sql] Batch Sql Statements: True
[sql] Batch Delimiter: ;
[sql] Delimiter Style: Normal
[sql] Fail On Error: True
[sql] Source script file:
[sql] Output file: