I think most people will say you've got that backwards. (Once past the Khumbu Ice Falls, that is)
On the Southern Route, the Khumbu Glacier, the Kangshun Cornice, and the Hillary Step are extremely exposed, with the Kangshun offering a daunting vertical wall. No such obstacles present themselves on the North Route, although it covers a much longer distance.
Since most climbers who lose their lives on Everest do not die from falls but from the demands of high-altitude trekking, it is certainly arguable that the longer route is the more dangerous. But in terms of technical climbing, I believe the South Route is considered the more demanding.