This paper considers a wireless powered communication network, where a multiantenna power beacon (PB) is employed to assist an energy constrained source to establish secure communications with a destination in the presence of multiple eavesdroppers. We propose a two-phase communication protocol termed as accumulate then transmit to enhance network secrecy. In the energy harvesting phase, the PB transfers radio frequency energy to charge the source; then in the information transmission phase, the PB acts as a friendly jammer to protect the source transmission against eavesdropping. We study the dynamic energy state transitions at the source using an energy discretization method and a finite-state Markov chain. Closed-form expressions are derived for connection outage probability, secrecy outage probability, and effective secrecy throughput, with the aim to evaluate both reliability and security of the proposed protocol. Furthermore, numerical results reveal the impacts of various system parameters on the secrecy performance and demonstrate the superior performance of our proposed protocol over an existing scheme.