Credit: Kristina Bumphrey/ (2)

Adrienne Bailon took quite a risk in NYC on Thursday night.

Despite the shiver-inducing temperature in the city, Bailon went commando at the Escape to Total Rewards event, clad in a completely sheer dress with a plunging neckline that was adorned with a giant ruffle on the front to prevent her unmentionables from peeking out.

Unfortunately, the ruffle failed its only job of the evening and caused the former Cheetah Girls star to flash the cameras! Plus, as the pint-sized star, 28, exited the red carpet, the cameras got a full-on view of her derriere!

"If I could come out naked, I would. This is just some fancy stuff to throw over my little naked body," the star, who dated Rob Kardashian from 2007 to 2009, told Celebuzz at the event.

The barely there ensemble is a piece straight from her upcoming fashion line with designer Dominique Auxilly.