Scientific Linux can now list security updates from the commandline. Furthermore I can update a system to only apply security updates, which is better then the default ("Just update everything! Including bugfixes which you don't care about and which introduce regressions."
I have tested this on both Scientific Linux 6.1 and a 6.4. I'm not sure when this was officially announced, but I'll post more when I find out.
Here are some examples.
List a summary of security updates:
[root@node1 ~]# yum updateinfo
Loaded plugins: changelog, downloadonly, fastestmirror, priorities, security
Loading mirror speeds from cached hostfile
Updates Information Summary: available
    4 Security notice(s)
        1 important Security notice(s)
        3 moderate Security notice(s)
    2 Bugfix notice(s)
updateinfo summary done
root@node1 ~]# yum list-sec
Loaded plugins: changelog, downloadonly, fastestmirror, priorities, security
Loading mirror speeds from cached hostfile
SLSA-2013:1459-1 moderate/Sec.  gnupg2-2.0.14-6.el6_4.x86_64
SLSA-2013:1436-1 moderate/Sec.  kernel-2.6.32-358.23.2.el6.x86_64
SLSA-2013:1436-1 moderate/Sec.  kernel-devel-2.6.32-358.23.2.el6.x86_64
SLSA-2013:1436-1 moderate/Sec.  kernel-firmware-2.6.32-358.23.2.el6.noarch
SLSA-2013:1436-1 moderate/Sec.  kernel-headers-2.6.32-358.23.2.el6.x86_64
SLSA-2013:1457-1 moderate/Sec.  libgcrypt-1.4.5-11.el6_4.x86_64
SLSA-2013:1270-1 important/Sec. polkit-0.96-5.el6_4.x86_64
SLBA-2013:1486-1 bugfix         selinux-policy-3.7.19-195.el6_4.13.noarch
SLBA-2013:1491-1 bugfix         selinux-policy-3.7.19-195.el6_4.18.noarch
SLBA-2013:1486-1 bugfix         selinux-policy-targeted-3.7.19-195.el6_4.13.noarch
SLBA-2013:1491-1 bugfix         selinux-policy-targeted-3.7.19-195.el6_4.18.noarch
updateinfo list done
List by CVE:
[root@node2 ~]# yum list-sec cves
Loaded plugins: changelog, downloadonly, fastestmirror, priorities, security
Loading mirror speeds from cached hostfile
 * epel: mirrors.kernel.org
 * sl6x: ftp.scientificlinux.org
 * sl6x-security: ftp.scientificlinux.org
7404 packages excluded due to repository priority protections
 CVE-2012-6085 moderate/Sec. gnupg2-2.0.14-6.el6_4.x86_64
 CVE-2013-4351 moderate/Sec. gnupg2-2.0.14-6.el6_4.x86_64
 CVE-2013-4402 moderate/Sec. gnupg2-2.0.14-6.el6_4.x86_64
 CVE-2013-4162 moderate/Sec. kernel-2.6.32-358.23.2.el6.x86_64
 CVE-2013-4299 moderate/Sec. kernel-2.6.32-358.23.2.el6.x86_64
 CVE-2013-4162 moderate/Sec. kernel-firmware-2.6.32-358.23.2.el6.noarch
 CVE-2013-4299 moderate/Sec. kernel-firmware-2.6.32-358.23.2.el6.noarch
 CVE-2013-4242 moderate/Sec. libgcrypt-1.4.5-11.el6_4.x86_64
updateinfo list done
And then I can apply the minimal set of changes required to 
[root@node1 ~]# yum update-minimal --security
Or, just patch everything:
[root@node1 ~]# yum --quiet --security check-update
gnutls.x86_64                                      2.8.5-14.el6_5                                     sl-security
libtasn1.x86_64                                    2.3-6.el6_5                                        sl-security
[root@node1 ~]# yum --quiet --security update
=================================================================================================================
 Package                 Arch                  Version                          Repository                  Size
=================================================================================================================
Updating:
 gnutls                  x86_64                2.8.5-14.el6_5                   sl-security                345 k
 libtasn1                x86_64                2.3-6.el6_5                      sl-security                237 k
Transaction Summary
=================================================================================================================
Upgrade       2 Package(s)
Is this ok [y/N]: Y
[root@node1 ~]#
If I try this same command on a CentOS6 box, I don't get any results. I know for a fact that some of the '137 packages available' contain security fixes, because I received the errata notices yesterday via the CentOS mailinglists.
[root@node1 ~]# yum --security check-update 
Loaded plugins: downloadonly, fastestmirror, security
Loading mirror speeds from cached hostfile
 * base: mirrors.usc.edu
 * epel: mirrors.kernel.org
 * extras: mirror.web-ster.com
 * updates: mirrors.kernel.org
Limiting package lists to security relevant ones
No packages needed for security; 137 packages available
[root@node1 ~]#