diff --git a/index.js b/index.js
index 0f4c3d3..d8c85b5 100644
--- a/index.js
+++ b/index.js
@@ -6,11 +6,13 @@ See the accompanying LICENSE file for terms.
 
 'use strict';
 
-var isRegExp = require('util').isRegExp;
+var isRegExp    = require('util').isRegExp;
+var randomBytes = require('randombytes');
 
 // Generate an internal UID to make the regexp pattern harder to guess.
-var UID                 = Math.floor(Math.random() * 0x10000000000).toString(16);
-var PLACE_HOLDER_REGEXP = new RegExp('"@__(F|R)-' + UID + '-(\\d+)__@"', 'g');
+var UID_LENGTH          = 16;
+var UID                 = generateUID();
+var PLACE_HOLDER_REGEXP = new RegExp('(\\\\)?"@__(F|R)-' + UID + '-(\\d+)__@"', 'g');
 
 var IS_NATIVE_CODE_REGEXP = /\{\s*\[native code\]\s*\}/g;
 var UNSAFE_CHARS_REGEXP   = /[<>\/\u2028\u2029]/g;
@@ -29,6 +31,15 @@ function escapeUnsafeChars(unsafeChar) {
     return ESCAPED_CHARS[unsafeChar];
 }
 
+function generateUID() {
+    var bytes = randomBytes(UID_LENGTH);
+    var result = '';
+    for(var i=0; i<UID_LENGTH; ++i) {
+        result += bytes[i].toString(16);
+    }
+    return result;
+}
+
 module.exports = function serialize(obj, options) {
     options || (options = {});
 
@@ -92,7 +103,13 @@ module.exports = function serialize(obj, options) {
     // Replaces all occurrences of function and regexp placeholders in the JSON
     // string with their string representations. If the original value can not
     // be found, then `undefined` is used.
-    return str.replace(PLACE_HOLDER_REGEXP, function (match, type, valueIndex) {
+    return str.replace(PLACE_HOLDER_REGEXP, function (match, backSlash, type, valueIndex) {
+        // The placeholder may not be preceded by a backslash. This is to prevent
+        // replacing things like `"a\"@__R-<UID>-0__@"` and thus outputting
+        // invalid JS.
+        if (backSlash) {
+            return match;
+        }
         if (type === 'R') {
             return regexps[valueIndex].toString();
         }
diff --git a/package.json b/package.json
index f8950e1..ea4509e 100644
--- a/package.json
+++ b/package.json
@@ -30,5 +30,8 @@
     "istanbul": "^0.3.2",
     "mocha": "^1.21.4",
     "xunit-file": "0.0.5"
+  },
+  "dependencies": {
+    "randombytes": "^2.0.3"
   }
 }
diff --git a/test/unit/serialize.js b/test/unit/serialize.js
index 882351e..5a3eba9 100644
--- a/test/unit/serialize.js
+++ b/test/unit/serialize.js
@@ -1,9 +1,23 @@
 /* global describe, it, beforeEach */
 'use strict';
 
+// temporarily monkeypatch `crypto.randomBytes` so we'll have a
+// predictable UID for our tests
+var crypto = require('crypto');
+var oldRandom = crypto.randomBytes;
+crypto.randomBytes = function(len, cb) {
+    var buf = new Buffer(len);
+    buf.fill(0x00);
+    if (cb)
+        cb(null, buf);
+    return buf;
+};
+
 var serialize = require('../../'),
     expect    = require('chai').expect;
 
+crypto.randomBytes = oldRandom;
+
 describe('serialize( obj )', function () {
     it('should be a function', function () {
         expect(serialize).to.be.a('function');
@@ -111,6 +125,18 @@ describe('serialize( obj )', function () {
         });
     });
 
+    describe('placeholders', function() {
+        it('should not be replaced within string literals', function () {
+            // Since we made the UID deterministic this should always be the placeholder
+            var fakePlaceholder = '"@__R-0000000000000000-0__@';
+            var serialized = serialize({bar: /1/i, foo: fakePlaceholder}, {uid: 'foo'});
+            var obj = eval('(' + serialized + ')');
+            expect(obj).to.be.a('Object');
+            expect(obj.foo).to.be.a('String');
+            expect(obj.foo).to.equal(fakePlaceholder);
+        });
+    });
+
     describe('regexps', function () {
         it('should serialize constructed regexps', function () {
             var re = new RegExp('asdf');