Magento uses the default php setcookie function.
secure - Indicates that the cookie should only be transmitted over a
secure HTTPS connection from the client. When set to TRUE, the cookie
will only be set if a secure connection exists. On the server-side,
it's on the programmer to send this kind of cookie only on secure
connection (e.g. with respect to $_SERVER["HTTPS"]).
httponly - When TRUE the cookie will be made accessible only through
the HTTP protocol. This means that the cookie won't be accessible by
scripting languages, such as JavaScript. It has been suggested that
this setting can effectively help to reduce identity theft through XSS
attacks (although it is not supported by all browsers), but that claim
is often disputed. Added in PHP 5.2.0. TRUE or FALSE
See /app/code/core/Mage/Core/Model/Cookie.php
public function set($name, $value, $period = null, $path = null, $domain = null, $secure = null, $httponly = null)
{
.....
setcookie($name, $value, $expire, $path, $domain, $secure, $httponly);
return $this;
}