Risk on proxy initialize front-running risk?

Just wondering, is there any risk for example I have proxy factory that call initialize and somehow hacker knows all my parameter, is there a risk of front running attack?

Ex: malicious hackers may observe the pending transaction which will execute the initialize function and launch a similar transaction with the hackers address? is that possible?

This is a very interesting question, as long as the initializer option is not set to false , the initializer call will be encoded as an argument for the proxy constructor, so the constructor does everything in the same transaction, and in this case there would be any front-running