app-office/openerp has file /etc/openerp/openerp.cfg which is world-readable but the postgresql database password has to be entered there in plan text. Reproducible: Always
fixed in latest revision (openerp-7.0.20140125, openerp-8.0.20140125). change owner of /etc/openerp to openerp:openerp, and permission to 0640. thanks for reporting this.